I have heard about ebay uk from a friend way back a couple of years now. My initial reaction is apprehension and anxiety. I am apprehended by the fact that I could be swinddled in this internet auction site. The reputation of the site was 50-50. Not all gloomy though. It has the rewards of financial gains.
Like any internet site nowadays you want to make sure that the webpage that is being access is the one and truly original webpage because you might end up being a victim of phising(data stealing from bogus sites). Ebay had been a success story that many people are exploiting it, positively and negatively.

General:
Up to the present, my outlook of ebay is still 50/50. My apprehension and my wary is still there. I still keep my guard on. I have been a victim of bogus bidding, a scam work and it almost costs me money.
Though, on the brighter note I had some old stuff sold in ebay and made some decent cash.

Navigation:
You could navigate quite easily with the use of your mouse. One click is all you need. Unlike other websites, ebay do not force you to sign in first before seeing the info you wanted to access. You could find an item with out being signed in. I found my self one time being trapped in a website to put my details just to find the info I wanted and ended up not wanting the information at all.

Content update:
As much as ebay wanted it, it is almost real time. I said almost real time. It is not yet perfect but I am hoping that it will. I will put it on loads of factors to consider until it will be realtime. The trick though is that watch and read the item carefully. Just do not bid with impulse. You might end up sorry.
It has an are as well where in updates are being given frequently. These updates are just to remind people that there are things to look forward to with ebay. Again if you do not read then you are sorry.

Security & Privacy:
Well, as I have mentioned in my previous notes, ebay most vulnerable part of their business is security. Yup,let us not be callous about it. That is the truth. Give you an experience of mine that would demonstrate that security is poor. There is this ebayer(some one who engaged in ebay) who bid and bid in my lot until he/she won. It turn out to be that he/she is scambug. And there is someone claiming that a person hacked into his ebay.
How many of this story I have? Loads.
The thing that saved me from those wretched souls(mostly and do not get me wrong is from africa) is being vigilant.
Privacy, this again is another thing to question ebay. I have loads of chinese companies offering me things and buy from them when in truth if I try to ask one question to another ebayer that I see something interesting there is this security check.
C'mmon what is happening?
Well, I do not expect that ebay is the safest are on the planet. But come to think of it they own paypal. So ironic. How would they safeguard things?

Bid tracking function:
Now, this I have a so-so comment. Why? One is that bid could be tracked and that you could see who is biddiing but the thing now is that they put private bidders. Somewhat good but conspiracy theory say that any one could abuse the system. With private selling how could you know that the auction is genuine and not just a mock auction?
Difficult to prove yeh. Well, the best way is to ask.