Well I guess they'd honor it since it's in their system now.
One order says "Please Call - PayPal payment verification is pending. Your order will be processed shortly." (which is the one I tried with national shipping and an international PayPal address -- didn't work) and one says "Please Call - This order is on hold, pending customer response. Please call 1.800.888.4437 to expedite your order processing." (which is the one I tried with international shipping but which turned out to be per wire only).
Obviously, there is no option to transfer an order to another customer. And calling their hotline... well let's say I called them before today and they didn't seem to be the most competent to me.