What recourse do I have if a seller reneges?

I won a very highly priced item late Friday night intending to use paypal the next morning (my sleeping partner had the password).  Overnight my computer crashed and I was without access for a day.  I went online this morning to pay only to have a message from the seller saying he had "taken another bid and the item was sold".  Strange seeing as how I was the only bidder.  Do I have any recourse?  Do I report this to ebay?  Will he still have to pay ebay the fees (item was $2500)?  I guess it serves me right as the ebayer had zero feedback.

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