FAQ says nothing about about why Paypal won't shut them down, like it did the other bitcoin -> Paypal services.
They do assure you they won't be initiating any chargebacks though, so there's that!
Bottom line: It's either a scam or it will get shut down very soon, or both.
See I never quite got this i sent a $300 paypal payment to a reputable member on this forums for bitcoins 2 days later paypal calls me asking if I made this payment I said of course, they asked what for and why I sent as a service. I told them that I deal in intangible goods and items, which before I knew about bitcoin I did the same exact thing but only with virtual currency for MMORPG games and havent had any issue thus far and I have been doing it for almost 7 years now. So I dont understand why these btc>pp buisness are getting shutdown.