I just received an email from NameJet.com.  It appears they have lowered their starting bid price to $29.00 on select names from $70.00.  This is a smart move and will increase activity on alot of  auctions.  This will allow alot of domainers to secure some good niche names at affordable prices.  Aditionally, they have given bidders the option of bidding in small increments.

Dear NameJet customer,

We appreciate your business and have listened to your comments and suggestions. Based on your feedback, we’ve recently made a number of enhancements to our Web site and bidding processes to make it even faster and easier for you to find, manage and bid on domain names.
We’ve lowered the minimum bid price on all our domains! Minimum bid pricing will now start as low as $29 on some domains. Our Pre-Release, Pending Delete and Public Auction domains will have variable starting prices. Please note, if you already have a bid on a domain at our previous minimum bid amount of $70, NameJet will automatically adjust your bid to the new minimum bid amount. 
Plus, bidding increments are now even more flexible. Instead of only having the option of bidding in increment amounts–$10 for auctions less than $1,000 or $100 for auctions greater than $1,000–you can now bid any amount over the $10 or $100 minimum bid needed. If you want to place a bid of $11, $12 or any whole dollar over the minimum bid increment, you now have the option to do so.