Guys, no need to ever overbid again! Here's the trick: Go visit Sloppy McNubble (
http://sloppymcnubble.com/cbid/ ) before you bid and drill down to get the bidding history on the item you want. It gives you a 7 point range of "best" to "worst" prices historically, and then ALL of the past auctions to view. Now that you have the statistics behind you, go bid the lowest price and set a maximum price you are willing to pay. Set it, forget it, don't look back! If you lose this one, you are sure to win a future one.
And NEVER, EVER drunk bid!