I will say I think it's shitty. He was good in refunding for sure, but once you decide to make a deal, and back out, that's going back on your word so to speak. It is a binding contract by the way as well, but that for all intents and purposes here is trivial. It’s really an honor/reputation thing all in all. I think Mike, from what I’ve seen has favorable sales.
You should have your ducks in line before putting something up. If you make a deal, you should follow through, completely agree there. I did this once with a machine, deciding I didn't want to sell it to someone that was coming to get it, I made a haste decision. I went to them though and told them my dilemma, said I would honor the deal still, and if by chance they weren’t 100% on it, I would like to keep. I did not present it either in a way that guilted them into it, and said I would totally understand with no hard feelings whatsoever if you still wanted to go ahead.
Looks like I’m in the minority, but I think if you agree to something, barring it being legitimately lost or destroyed, you should honor. Of course it sounds more noble that a machine may be being saved as a result, but that doesn’t change the agreement aspect of the deal.