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@JB
Yeah, tough one. I would be upset if someone did this to me but I know it does happen. You can cancel the transaction but note it does get flagged by PayPal/eBay. If you do it too much, they will limit your selling capabilities. Note, that's only for repeat offenses.
Depends on the market. They seem to sell for more in the U.S. than Europe for starters. The Turtle is also more valuable/desirable than the Samurai it would appear.
If you want to maximize profit, I'd just put it on at your Buy It Now price and just let it do it's thing. But yeah - uncool for the buyer.