Basically you use buy it now on any items after searching through live.com. You have to be on Live search when searching for the item AND buying it. At the buyitnow/check out page on the bottom right corner it will tell you how much you save
The Good
1) You can save a lot of money.
2) Live search is integrated with eBay so It's easy to use.
3) No fees when you receive the money through Paypal from MS
The Bad
1) You have to wait 60 days to get your money back.
2) You have to use Paypal and Buy It now! auctions only
The Ultra Ugly
1) ... 2 days to process+ 60 days + 14 day wait period for cash back = 76 days before you get your cash back.
I got my Elite for $300 so I'm happy, that is after I wait almost three months for the cash back.
It's just that simple.
