Interestingly enough, Lee, I actually just won a backorder auction for a domain i had been scouting for some time... which is unusual because i have lost so many to "other's backorders"..

and it has resulted in a nice chunk of traffic. I like to look for domains that i know are embedded in the net, and really concentrate on domains that have been around since the early days....on sites that are no longer updated, but still have traffic, etc... as this one was. We are averaging about 400 hits a day from this one alone. got it for $160 after the auction... not a bad advertising expense/return ratio.

good luck with your domain hunting.. it's fun, frustrating, and sometimes, we get lucky and actually get the rewards from all our domain name lurking..