Earlier this week we called Nick Darveau-Garneau, the CEO of San Francisco-based BigDeal.com.

This site is one of the increasingly popular penny-auction sites that invite consumers to hunt down good deals on electronics and household items. 

We're posting a portion of the interview with Nick, who explains how the BigDeal  auctions and bidding operate.

The pitch that caught the eye of Office Hours was the claim that real people are finding real deals on some items, such as getting a new Kindle for less than $10. 

Here's the basic way it works: A person becomes a member by spending a minimum amount to earn bidding dollars. For now, that minimum is $22.50.

The idea is to be the last person bidding, as the auction clock runs down. Each bid you make costs you 75 cents; each successful bid you make on an item pushes the item price up one cent. If the item clock is finally coming down to 30 seconds or less, each new bid, whoever makes it, pushes the clock back to 30 seconds. 

If you don't win, the amount of money you've bid can be applied to “discounted retail” price for that same item, offered by BigDeal. In other words, if you don't win it at auction, you can buy it at a discounted retail price. And BD has the item drop-shipped.

Darveau-Garneau said the auction-sale items offered come from wholesalers and discounters. 

And yes, the auction items “won” will cost the bidder whatever the item price is at the end of the auction, plus shipping.

What we like about it:

• Things are legit, in that the listings are all backed by BigDeal. Products are not bogus or knockoffs.
• There's a “Bid Buddy” option that lets bidders auto-bid, within time limits.
• It's generally a good way to buy an item you really want. If you don't get the item, you can apply the bid amount as a discount against the “competitive” purchase price.

What we don't like about it:

• It's hard to track or find a given item. Say you want a Canon G12 camera. Good luck finding BigDeal auctions for the G12 without major effort.
• Item prices for sale for those who don't win that item are nothing special. You can nearly always beat the BigDeal price by shopping on eBay, Amazon or Buy.com, just to use three instances.

See the rest of the post below. 

  

You all see those ads saying you can win an auction for an iPad for $5.

Does anyone really win something at those prices?

We'll follow up here after talking later today with Nick Darveau-Garneau, the CEO of BigDeal.com, one auction site that claims to be doing straight-up auctions for honestly low prices.  We'll be doing a Q and A that we'll record, so you can listen to the key parts, if you wish. 

And we'll post a quick summary of the points made during that interview. 

If you have any suggested questions, email them to tomATspokesman.com

More than a dozen years after being introduced as a CD-Rom game, Cyan Worlds’ Riven will soon be back in circulation in app form, at the iTunes store.

The north Spokane company said Apple should release the new app version of Riven any day. It will be available at the iTunes store for $5.99. Like its predecessor, Myst, Riven follows as the successor in the story about a lost island, presenting players with an assortment of challenges and puzzles.

It took Cyan four years to build the first game. The iOS app took about a year, said Cyan Worlds CEO Rand Miller.Cyan Worlds President Tony Fryman said the firm is considering developing an Android version. But it would take more work than developing for iOS, he said.

“Creating the iOS version of Riven was no easy task,” he said in a release. had to lovingly and meticulously cram almost five thousand images, three hours of video and three more hours of sound and music into my iPhone. We began without knowing if we could even pull it off. I’m still amazed I can experience Riven in the palm of my hand.”

The end result is that almost every detail of the five CDs of the original Riven was condensed into one of the largest iOS apps available.