Peter,
You are certainly entitled to your opinion, although the posts and the response seem to indicate that it is in the minority. Everything that I would say has already been said, but my thought is that if I'm outbid by an actual bidder, then I'm outbid. If I'm outbid by the house because it didn't get what they were hoping for, or I won it for more than I should have paid because I got bid up by the auction house, then IMO, I got screwed. Most posters here seem to agree
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