I bought the now requisite $60. For 100 bids. The only auction that it seems realistic to win is for more bids. I stayed up all night watching and bidding a Canon 5D MarkII. I know I should get a life. This is a $3300 camera/lens combo. All of a sudden, with 11 people auto-bidding, someone wins at $560.00. Same thing happened on a Nikon D7000. I thought, well I should aim lower. I did. A $100 external hard drive. Same thing. This is like playing the lottery. No doubt, this is a great business model. Every bid raises the price by 1 cent. I saw people put in over 100 bids and drop out. Thousands of bids for 1 camera or TV. If you like being glued to your computer, and seek the thrill of gambling, this may be the cat's pajamas. However, if something sounds too good too be true, it is. And in this case, it definitely is too good to be true.