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runscottthe main problem I have with it is that we are buying cards based on scans, so this "absolutely no refunds" policy is a crock. I buy based on scans all the time, regardless of how much I think the seller knows about cards; however, if they have disclaimers like this guy does, I don't touch it. But you're right in that it is of course the seller's perogative (sp?) to create their own policies, and mine to deny them business.
An antique dealer (assuming you're talking about an ebayer) will have a lot harder time scamming you with a scan than will a card seller. I could make a scan of a t206, print it, then scan my print-out and put it on ebay - you wouldn't know the difference. Remember the recent Delong seller?