Ask HN: Domain offer - is this real or fake?

Just got an email a few days ago regarding a domain name I own. It doesn't seem to be legitimate at all, but the interesting part is that he offered to buy the domain outright over paypal, which is relatively secure. I have heard of scammers using paypal before (resulting in repercussions on the receiving end), but if I decided to take him up on this offer - what risks would I be facing? I no longer use or want the domain, so I am not opposed to selling it. Here's the exact e-mail, with names and domains concealed for the sake of privacy:

Hello,

I've tried to register xxx, but i see you've already registred it a couple of weeks ago.

Anyway, I know a method that will earn you +/- 200$ a day with 20min of work with that specific domain. You can read more about it on the page below.

http://www.partnerwithpaul.com

You do need to enter your name + e-mail to receive the method though.

Greetz

Michael AIM: xxx MSN: xxx@hotmail.com

ps. If you want to sell your domain, I'm willing to pay you 500$ for it (paypal or wire) pss. Why am I telling you abou this method?? To make up for all the bad stuff i did last year lol...