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Do you take checks?

For those of you who take checks (at eBay or elsewhere) how do you handle them?

I quit taking them a while back basically because it means one more thing I have to keep track of. But I'm thinking about taking them again.

I've never been really clear on how to know if a check bounces (knowing before I ship the order, I mean). The notice from the bank is slow (usually via USPS, right?). But then again I don't want to be checking my account online every day to see when a check clears. If I could get e-mail notices for when checks clear that'd be good but I don't know that that's an option.

So what do you folks do? How many days do you hold orders to make sure the check clears? And how can you be sure it cleared?

Any input is most appreciated.
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