That is a GOOD Question, I would tend to believe that Nothing would happen, Only because within the despute Resolution panel you and the Buyers of each item will try to work out the problem with the purchase, so if you are dealing with decent people you will most likley Resolve the issues Before either of you "Escalates" the issue, Thats when paypal gets involved, and Normally their Procedure is pretty standard in these types of Cases, they simply make you send back the item (with Proof-Tracking) once the Seller recieves it they reverse the transaction, I do not think that the Number of Open Desputes the BUYER has open will have anything to do with it.
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