I am with Gugi. Really what it comes down to is how much you are willing to pay for the item. No matter how long the auction is. If you are bidding low and waiting until the end thinking you won't be outbid- you are wrong. Period. However, if you bid the second the auction starts and it is your maximum bid, then you are being more realistic. If someone then tries to snipe with 2 seconds left and their snipe is lower than your maximum... you win. Anyone who snipes will be bidding once at the end and it will be the absolute most that they are willing to pay.