Some people were interested in saving lots of money on buying an ipad- Here's an interesting auction for them. It has a new and different business model on bidding.
Apple iPad 32GB WiFi
I wonder if they are trying to buy a bidding market? The prices seem way too low. It looks like they make their money by charging $.60 per bid. But, they would need to sell the iPads for around $13 to make money (since bid prices go up 1 cent per bid). If they are selling for less than $5 they should be losing money on the deal. Perhaps that is the advertising budget in action to try to build up the site.
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