Cant hurt to try it if you want, no like you are gonna lose anything. I doubt people are going to get killer deals from here though
Quibids costs 60 cents per bid, and a bid only drives the auction price up by one cent.
Supposedly there are some people who specialize in this. Since you only bid it up by 1 cent, it's got to be hard to figure out how much to bid to get the item. Also you have to pay the amount you bid too. So if you made 10 bids and got the item at $20, you have to pay 10 * $0.60 = $6 + 20 = $26. I think sniping on ebay would be a better deal and less work.
Can you snipe on Qubids?