I got one the other day as a question from someone who was "interested in trading" for a motorcycle I was selling on feebay. He included a link to the supposed item he was trading me and it wanted my ebay credentials. Since part of my job is dealing with email, I immediately recognized the way the link in the email was set up as bogus. Since I was relatively safe on my Mac, I clicked the link anyway. Unless you're behind a good firewall and a web proxy with layered AV, I wouldn't recommend "testing" bad links with a Windows box but I digress.
Firefox immediately barked that the page was faked and I was presented with a nice little ebay login page. I forwarded the email over to ebay's fraud group an drop kicked the sucker out of my inbox.
These guys are determined and get better at it every day. There was recently an article about someone, really web savvy, who'd had his internet identity and gmail account stolen by phishers. Be careful out there!