#5 "...there is a bank guarantee attached to it which means this transaction can be reversed in seconds."

Actually their was a report that there was problems with the system:
http://news.bbc.co.uk/2/hi/uk_news/6513037.stm (Can also watch video on right)

I even saw a similar report on another news program that day suggesting sometimes the people processing the DDs were making judgement calls and letting payments go through when they thought people were "morally" (they used that word) entitled to the money rather than following the strict rules.

The one about Reality TV is particularly goodl

http://uk.youtube.com/watch?v=BBwepkVurCI

about how you can manipulate the editing to tell basically any story you like about the characters