You can also buy t-shirts, beanies, hats, etc. Just check on their website.
At the points summary screen there's a form that allows me to send the points to a friend, and I'll transfer the point as soon as I receive the paypal payment. If the transfer fails for some reason, I would buy the stuff the buyer wants, up to $87.49, and ask to ship to the buyer's address.
Paypal only, personal transfer as gift or buyer pays for the fees. Look at my feedback. I've done several flawless transactions here at NS and I'm legit. PM me if you have questions.