I know a lot of sellers want payment sent as the gift option. If sent that way, does the same PP protection apply? Never drilled into that one but often wondered....
To my knowledge:
Paypal doesn't offer protection that way, because that method of payment is not to be used for goods being purchased. If you fund persoanl payment with a credit card, and you cover the fees, the credit card company may be willing to stop the payment, but Paypal wouldn't get involved.