Urgent PayPal Help needed!

Well I'll make this short- the person I was involved trading with shall remain nameless until this is over obviously.

I went to purchase 400M off a trusted trader here for $240. He's traded over a couple of bills has a decent amount of vouches.

So I sent the money from my verified paypal to his via goods with this message "This is a transaction for intangible/virtual items of which I've already received, and I will not chargeback this payment."

So during the trade the seller logs out and on msn says oh I got dced then he says on msn omg my account just got locked etc.

At this point I was like here we go, $240 gone down the drain ffs.
But he offered a re-fund and sent it through and I got the PayPal email and I phoned them up to confirm he had sent it but it says it will take 5-7 days for this to be made or longer if it's an echeque. I asked the guy at PayPal if this re-fund can be cancelled and he said no but what happens if the seller had removed all funds from his paypal balance and his bank account/debit card? The details of it say- Status: Pending until Tuesday, 3 May 2011

Will I get my money? Has anyone ever experienced this before?

I've dealt with this guy once before for a smaller trade and the same happened that time, I went first his account got locked but he came through with the gold off a different account.

I'm in no way accusing this guy of scamming but as you can imagine I'm a bit on edge here.. something seems suspicious at least to me and i just need some help/experience from otheres.

 

Try this thread for better help/advice on your PayPal issue.