I know him. He's a pretty nice guy, and the labor involved in his flips is generally a lot more than I put into bikes that aren't for me.
I've given him a lot of parts over the last couple of years, and he's always offered to pay, but he's a good way for me to get rid of chrome 27's, turkey brake levers, etc. I've seen a couple of the bikes/frames back up on CL, but in a lot better condition than when I had them...
He negotiates, and overcharges because he gets low-balled on every bike.
UNC-Chapel Hill is covered in bikes he sells to college students for $100 or so.
The CL getapo has really been on him lately, complaining about his prices. I know he has 30 hours in a Panasonic women's bike I gave him, plus cables, pads, tires, sold for $160 after listing for $200....
When the bike coop went under, I turned to him, and always enjoy meeting him, getting rid of parts I have absolutely no use for... almost all his bikes are landfill/yard sale bikes. I figure he nets $50-$75 per bike, probably $5/hour, certainly no more than $10/hour.
They're not in landfills, and more power to him. That fork, though is one messed up item.