Relationship issues?

buddies
I met a guy. We were good friends for a few months. We started dating, but before we got to far into it I pulled back. We both have issues we need to work through, and I didn't feel ready to move forward with him as a boyfriend. He is a great guy, but I only wanted to be friends. He got depressed. He called me today without a single smile and vented about how he's "such a great guy, but nobody thinks I'm good enough for them."
He said he doesn't want to talk to me anymore cause he feels more than I do, and just seeing me hurts.
I feel terrible, but I wasn't feeling it. I did the right thing... didn't I?
Relationship issues?
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