Not sure if this method is still working, I don't really see a reason for it not to be. I am using them legitimately to test it out.
I created a netspend account, received the card in the mail. And verified both of the deposits that PayPal made into my Netspend account. The deposits were quick to arrive for me, took about 2 days.
Once my PayPal was verified I transferred $500.00 from PayPal to my Netspend card, the funds haven't arrived yet and it's been 4 days. Normally with my Bank account it's 2-3 so I'm hoping Netspend is just a little slower but actually works. On PayPal it says the transfer has been completed which is usually a good sign, now I'm just waiting on Netspend to actually put the money into my account so I can take it out of an ATM.
I will update if I receive the money and this method is working, I really don't see a reason for it not to. My PayPal account is verified and NOT limited. And my Netspend account isn't limited and is fully verified with all my real information.