which brings up an interesting point.
I do love the chopping block, like J i've made many a small fortune clearing out my useless eq, and on the other hand i've gotten some really nice stuff i'd never have the patience to cycle for myself.
the annoying thing is bidders you know have no intention of buying an item, then having to figure out second-lowest, etc.
I know the admins are extremely busy and this may never happen, but - perhaps a sellers blacklist? allow you to add people in your profile that simply cannot bid on auctions you post. with that, you may get burned once, but probably not twice.
and if i see something i really want, i sit down for a minute, figure out the absolute most i'd be willing to pay for an item, then bid that - none of this "i'll increase my tiny bid by 100k and then watch the auction for 9 hours" crap.