Until recently, I bought one product from him. It was good, but not what I suspected. So, I requested a refund. He replied saying that I was the first customer who requested a refund and he asked me "why". Although his sales letter did mentioned 100% No Risk Money Back Guarantee Without Questions Ask (he lied..). Okay fine, I explained to him politely but he seems upset and replied my email with some harsh word. I don't know whether to laugh or angry because the product I bought from him did mentioned we need to take good care of our customer.
This is not the first, I have faced this problem with some other gurus as well. I can't mention their names because it is not very ethical thing to do.
I know a lot of products I have been an affiliate for on clickbank and sold one day, when I come back the next day anywhere from 30 - 50% have been refunded. So if your thinking your making a killing one day and you up your advertising budget to accommodate the sales, be prepared for your disappointment the next day or week, or more, as product gets refunded.
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