It's not so much sniping as trying to get the best deal. I've sniped and I have been sniped. The main reason I get sniped is when I am on the fence on something. When I know I have to have it I put a damn big number down and not even watch the auction. If that was my limit that's my limit. Putting a smaller bid down just means you were less committed to buying the item. Can it suck? Oh heck yeah and I think this thread is a great idea because I know I always want to vent when I get sniped.
Has anyone else had the opposite experience? I have on at least three or four occasions bid on something and then realized I bid further than I should have and was praying up to the last minute for a snipe. Those were moments I was happy sniping existed

The other thing I have been noticing recently is the bidding wars to be the "biggest loser". It's when an item has a reserve that is way to high and people are trying to be the largest bid but still under the reserve. The hope is to get a second chance offer at the last bid you did. I have won three auctions in this way. This last one was like an insane snipefest so it seems we were all trying to be the last highest bid. Anyone else ever experience this?