Posted By: 
Jeff LichtmanWhat Jim said is correct and the result of the new policy has been a painful one for me when bidding on expensive cards.  Luckily, Don Spence uses a sniping service so the pain of losing to him is only apparent to me when there is 5 seconds left in the auction that I had been leading for 1 full second at the time my own snipe went in.  However, each set, each issue has a particular group of bidders with their own set of quirks and limits as to how they bid.  Many a card has been won by me (or lost) by knowing who is bidding a card up prior to the last frantic seconds.  Without this information it feels as if I'm bidding in the dark.