Yea I was surprised by that as well, all the doom and gloom posts made it seem like the old style fees where you lose out.It's added on by ebay.
So, if you list an item and input £50 as the price it will show up to the buyers as £52.75.
Someone buys it, they pay £52.75. You receive £50.
All quite straight forward.
Although, there is a bit of a bug with it at the moment.
If you wanted the price to be shown to the buyer as £49.99 you would have to work out the listing price accordingly.
The fee is supposed to be 4% + 75p.
It's not working properly.
I listed an item yesterday at £47.35 hoping it would show at £49.99
It's showing at £44.91
Just listed an item for £22 and it shows as £23.6