Just saw this and thought I'd throw a few things out there for those that haven't been to one of these auctions before:
1. If you miss a pallet of computers, don't worry. There are a lot more where those came from.
2. If you see a pallet full of stuff and just want one item, feel free to ask the auctioneer to sell just that item first.
3. If you show up earlier in the week, you can test things out that need testing. BYO extension cord.
4. Steel furniture is IMHO by far the best 'buy' that shows up regularly. If you need a desk, filing cabinet, or shelving - the MU surplus auction is the place to be. $5 - $20 per item usually.
5. The vast vast majority of regulars are eBay sellers and scrappers. The eBayers act in concert with one another and are mainly there to pick up scientific and medical equipment. They show up with maps of the aisles and everything. No big deal, but be forewarned that if you want the same thing they do, you are unlikely to get a super deal on it. The scrappers will bid on anything metal, but don't normally drive up the bids as much as the eBayers do.
6. I would say on average it takes them 30-45 minutes to get through the cars and scrap metal. After that, they go to computers and copiers, then miscellaneous stuff. Chairs and wood desks go toward the end. Medical is usually some of the last to sell. Plan accordingly.
7. In my experience, the auctions during June/July/August are some of the best because the STEM departments like to clean out their old labs over summer break.
All in all, these auctions are pretty fun. A lot of pure junk, for sure, but some good stuff comes through on occasion.