If I see something I want I'll buy it or bid on it depending on if I can wait until the auction end.
As for the item in question the prospective buyer put a bid of 99p but I had reserved it at £2 I've removed it the reserve price as they were the only bidder at the time and put the Buy It Now down to £2. I'm not too fussed if it goes for 99p or £2 or if I get 100bids on it then its good. Just like I said I'm not fussed on what it sells for really.