Have you ever tried Penny Auctions?

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I first saw a commercial for penny auctions a few years ago and it piqued my curiosity. I looked at various websites over time and always wanted to do it, but could never work up the nerve. Recently one of my friends got tipped off on a brand new site and told me to check it out. I made the leap that I had not previously done and purchased some bids. I LOVED IT!!! Its so much fun and way more exciting than shopping in a mall and having to get through the crowds. So far I've won almost 30 items - all sorts of stuff! Gift cards, electronics, jewlery, video games all for SUPER cheap! So...has anyone else done online penny auctions? If so, what are your favorite sites and what have you won?