Trading or doing some sort of group purchase with a friend is the best. You get to help someone with their project and improve your collection. Then I like private sales from friends, followed by ebay and buying privately from a random seller, then auctions.
Auctions are lowest for me just because of how long they take. The month of knowing the auction has a card you'd like but not knowing if you will win it is more frustrating to me than exciting. The final night of bidding definitely can be exciting though. And of course the trust you have with AHs and the ability to take a week or so to move money for bigger items is wonderful. I really like AHs and many of my best cards were purchased from one, it just isn't my preferred way to buy.
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