I see what they are doing here...
What a genius idea. An Apple iPod Touch got sold for $47.18 that's 4718 bids! Which comes out to $2830.80 if each bid cost $0.60!! Man I wish I could have thought of something like this...
Careful though you could blow all your bids and not win anything which is the drawback and you never know when a bidding war will end. It's probably worth it though if you bid on the lesser known items.
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“You have to learn the rules of the game. And then you have to play better than anyone else.”
-Albert Einstein | 
