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Posted By: Matt

Just got their catalog for the February auction and was pleased to see that they have significantly lowered the bidding increments. This was a change discussed in our forum and I am glad to see they have implemented it. No longer will the person first gets to a certain bid have a huge advantage since the next increment is a huge jump.

The new structure is a fixed bidding increment (as opposed to 10% of the current bid) in a tiered setup; an excerpt:
Bid Range Bid Increment
$500-$999 $50
$1000-$2499 $100
$2500-$4999 $250