Namewinner update

[DomainMyName]

Received moments ago from Namewinner/Dotster:

Dear NameWinner Customer,

As we e-mailed you several days ago, we updated the NameWinner auction system and bidding interface with many new rules. Many of you told us that these rules made the system more complicated and harder to understand. Well, we're listening and went back to the drawing board to simplify the
process.

We have just put online the following new changes to the bid system:

- We have eliminated the private auction.

- All auctions end at 10 a.m. PST with one exception. If a customer is outbid on a domain in the last 5 minutes of the auction, the auction for that name is extended for 10 minutes until 10:10 a.m. PST. The auction is then over at 10:10 a.m.

- We have simplified the bid increments. There are no more tiered
increments. All bid increments are now $10.

- We have reduced the price on second bids from $35 to $30 and have eliminated the $45 third bid requirement.

- You can now bid your grandfathered $8.75 base bid price on deleting domains up until 20 hours before they delete. Within 20 hours we have lowered the price to $20.

We hope that these changes make for a great NameWinner experience. If not, we always want to hear your feedback so we can make the best possible online expiring domain auction system. We have added several new partners for grabbing domains over the past week and we have several more coming online any day. We thank you for all the support that you've given us while we go through these improvements. Please, if you have questions, don't hesitate to ask.

Happy Bidding!
Your friends at NameWinner

[Duke]

Major improvement! I'm encouraged that they actually listened to their customers and made the changes quickly after debuting with that original convoluted system. Here is a link to the page on their site explaining the changes:

http://www.namewinner.com/biddingprocess.php

[Duke]

It does look like the grandfathered $8.75 prices are gone now too though. Looks like you can't bid less than $10 even as an old customer. Not a big deal though.