"Eric Chomko" wrote:
  "Jeffrey S. Sharp" wrote:
 > Quoting Jeff Hellige <jhellige(a)earthlink.net>et>:
 > > The current bidding system leaves much to be 
desired.
  >
 > I agree.  There is absolutely no incentive to *not* 
wait until there
   are 30 seconds
left to go in an auction.
 
 And that can be a good or bad thing. I've been done 
 and have done
  that to others. Bad and good, respectively. And
waiting 30 seconds
  on a hot item may just make the winner pay more when
you under bid
  their high bid, which is hidden. 
Sometimes the good thing is that you are outbid.  I
sometimes get a case of instant buyer's remorse, and
then am relieved when some other bidder takes me off
the hook.