Reserve prices.....universally detested by buyers:
can the
(reserve not met) please be changed to
(reserve not met) it would be presented much clearer to have
(no reserve) in green and
(reserve not met) in red. And in slightly larger lettering than it is at present.
I think it needs to be made more clear, especially for new buyers. There will be situations where the bid comes in and they don't realize until the bid is made that there is a reserve price. That usually leads to a grumpy buyer who doesn't interact with the site anymore.
When I see these items getting a bid they are often just that, a single bid at the base price, which seems to confirm that buyers are not realizing there is a reserve. If you also monitored through the analytics what happens to that bidder you will probably see (in the majority of cases) that they click away from the site. If it was clearer at the outset they may be more inclined to have a look around at other sellers who don't have reserve prices.
(personally I would get rid of reserve prices completely)
And depending on how it would look - the price could also be in red for those with reserves - once met then it changes to green.