...or where you come to have your mad minute when someone snipes that GVP 030 board out from under you at 25 seconds to go 
So, if you just got outbid by two bucks with seven seconds left to go on a PPC board or a whole miggy, let it all out!
Now, don't you feel better? I know I do :lol:
You weren't necissarily outbid by two bucks were you? If your maximum bid is 30 and I bid 50 I'll win it by 2 bucks, but you would have had to go to 52 to win; not 34. You don't know what their maximum bid is.
Sniping sucks if you are trying to get something for cheap and someone snags it when you would have gone higher. I think the "extend the auction if there is a bid in the last minute" is a good idea... which means that ebay won't do it.