Yes I agree, to many holes in the whole deal. In a perfect world and alls Legit, then I think $150 insurance against getting ripped off would be a good thing. The fact that AP members would check out machines for free is even better. At the end of the day there's no Guaranty that the guy your paying 150 bucks to isn't the same dodgy bloke selling you the machine.
Machine #2 will be whole lot better researched by this little black duck.