Most of my Ebay wins have been by submitting a fair upper limit and letting the automatic bid take care of it. Many people will come in at the last second and "snipe" the auction. If you really want it, you need to keep a close eye on it at the very last second. Then again, if times are tough, perhaps no one will be bidding and you'll get a good deal. That's the beauty of E-Bay.
Of course now that you've let everyone on RC Universe know about it, you won't get it for that price. Unless of course you're actually the seller and are trying to drive up the price... Hmmmm, now I get it!
Brad