I guess another grey thread that's turning into dissaray, I always have to laugh about this, I swear their are people who think, that grey imports are manufactured at secret sites throughout China and the far east, that are fake and hence so cheap, it's laughable really, as I'm sure if true, Canon, Nikon, Sony etc would have something to say about it. I have now purchased 3 Nikon cameras from Panamoz, each one I have registered on the Nikon website, saying where I purchased them and filling in the serial number from the camera, I would of thought if there was a problem I would of heard by now.
Whatever you buy from anywhere is a risk, a risk of a faulty item, a risk of the company you purchased it from going bust, a risk of something going wrong after 12 months, and the great UK company you purchased it from telling you sorry your 12 month warranty is finished, despite the fact their is something in law called "fit for purpose" but the great UK company chooses to ignore it, so you have to pay for a repair, it actually happened me a few years ago. So am I happy to buy overseas and wait a little longer, if I am going to get excellent customer service, and a great price, to right I'm happy.
Will Panamoz go bust, quite possibly, but so might Wex, Jessops, Curry's etc etc, you pay your money and take your chances.