IMO, sniping is great as a buyer and seller (based on 12 years of eBay experience).
As a buyer, I make sure my highest bid is placed at the very last minute. I do not run the risk of dishonest sellers shill bidding their own auctions and I eliminate the exuberant bidder who keeps bidding just to run up my max bid.
Not to mention that I do not have to worry about auction ending times.
As a seller, sniping has easily accounted for those wonderful sales that make eBay worth doing in the first place and boosting most of those low ball sales that are disappointing.
Jeff
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