Paypal ?....please educate me.

I know this is probably a dumb question. I have always thought Paypal was the safest way to pay and to take payments. What are the risks of taking Paypal from a sellers standpoint. Once payment is in your account, what can go wrong? I always accept Paypal for orders, what should I watch out for? Thanks!
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I have had over 3000 transactions with Paypal and only had one real problem. The pluses far outweight the minuses
<< <i>If you ship to an unconfirmed address all buyer has to do is tell Paypal they never recieved item and get a refund. If you ship to a confirmed and use DC you are protected as long as the item shows delivered.
I have had over 3000 transactions with Paypal and only had one real problem. The pluses far outweight the minuses >>
Oh ok, I see, I thought maybe there were ways people were setting up fraud accounts, making payments, and then pulling the money back. Or maybe using a stolen credit card and then the CC company refunds the money back to the card when they suspect illegal activity on it.