For sure, I don't disagree with that. As a developer though, one reason I would try developer auctions is for a chance at some ludicrously high salary. I'm just wondering if that is the reality or not. Seems like it isn't.
Most of the offers I got were below market value, I only received one offer that was /kind/ of close to what people are paying good engineers in NYC but they did not want to continue since apparently they were looking for somebody to work 80 hour weeks.