http://www.sltrib.com/2003/May/05242003/business/59701.asp
I took a chance at a $500 IBM X23. (becuase of ebay and squaretrade insurance). Well, it turned out that Squaretrade only covers $1000 per seller. What a joke. What's worse is that they replaced their squaretrade seal in the auction listing (completed auctions) with a blank banner after Liquidationuniverse was unregistered, as if they never endorsed the auction. Isn't that illegal or at least unethical?
Here's the auction is case you are curious.
http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=2724482882&category=31553
The blank squaretrade seal is right above the "titanium power seller banner"
