bill,
interesting postings, but one thing does not jive with me is the idea that the group buy dealer does not care what happens with the watch. knowing the over-zealous watch nuts that many of us are, i'd imagine that our guys do care what happens with the watches they send out regardless if the sale arises from a group buy or not. if something goes wrong, people will flip out and go crazy whether it's a one-on-one situation or from a group buy. so, in order to protect the good reputations that have been built, i'd say that they will want to make sure that things go as smoothly as possible.
further, since many utilize drop-shipping, i'd venture to say that those that do the packaging and moving of the watches have no idea about the circumstances of the sale at all. to think that johnny factory worker says "oh, i better be careful with this one, it's for bill" to himself before sending the watch out or sneaking it through customs is a bit unrealistic. i know that your point is that once you have an existing relationship with a dealer, in many cases you can get things done that others cannot or have access to watches at lower than advertized prices (which is great) but not everyone is a collector. not everyone is foolish (like i am) enough to buy and buy and buy again. plus too even with the whole group buy discount bit, if one is patient enough, prices will fall. that is something for another thread though - i have certainly never understood the methods of the early adoptors.
keep posting more though, i always like your posts.