Here are two really good sites for background info before bidding on www.Priceline.com

www.betterbidding.com
www.biddingfortrave.com

If you're about to bid on a hotel or air ticket, definitely check these out.

On 8/8/04 I got a two star (2*) hotel/suite in Mid-town South region for $75 a night for the next night's stay (8/9). With taxes it came out to $98.