Soooo, who is planning on sniping. I might snipe it if anyone is interested and just sell it for list price. By list price I mean the price I pay.
I think someone (was it you naasfu?) put in a ridiculous bid early, so other people could keep bidding it up trying to find his bid amount, all the while making more money for the seller. Smart, right? I mean, the point is for the seller to get the most money possible, not for the buyer to get a bargain... Wait, what?