I agree with the person who said if you really want that particular item, then bid on it, but if it's not a rare item, you are wasting your own money by putting in your max bid early and letting ebay do the bidding.
Yes, you might luck out and win your item for the price your want. If it is a semi-popular item you will likely pay too much for it.
You've misunderstood the point of proxy bidding. Bid only the maximum amount the item is worth to you. Period. Not higher. That way you'll NEVER pay too much no matter what type of bidding war occurs.
- Dan.
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