Of course, this auction site is not quite like eBay in that you must *buy* bids, for $0.75 each (and you can buy in convenient 30, 50, 100, 300 and 700 bid quantities) which you then use to bid on items. And that cost per bid used is NOT figured into the price one pays for a winning bid on an item. I'd estimate that the winner in the EEE PC auction probably 'spent' 100 bids, or $75 above the $48.xx he must pay for the computer. Still, for a brand-new netbook that retails for $500, shelling out about $150 is quite the bargain.
I'll post more as I figure it out.