Like it was said, sniping is not needed if you just put how much you are willing to pay. If I get outbid by 1 cent, then it's because it's 1 cent over what I'm willing to pay.
Also, sniping is no guarantee that you'll get the item. If you wait until <5 seconds to place a bid and it's not high enough then you're an instant loser.
I did however like Yahoo auctions system that if a bid was put in at the last moment the time would be extended. But, I never bought anything off that service.