I do it. Many do. And it saves a lot of $$$. BUT, it will bit you in the *** from time to time. I had an offer in on a major FA for basically the entire FA week 2 seasons ago, without ever being in 1st place. Then, on the next-to-last cycle, the guy signed with me out of the blue. Turns out the team in 1st place had been inching down on his bid, and he inched just below my bid, and the guy signed with me right away at that point. Turned out great for me- got an All Star SP at a really freasonable price.