If Amazon is gonna heavily discount an item, they should limit it to one per account IMO. You know, like every other store on the planet. That way as many people as possible get a chance at an item. They are just hurting themselves otherwise. I am assuming the main reason to sell an item under cost is to drive traffic to their site so that people like myself will see and buy other items (particularly to hit the $25 free shipping mark). Terrible marketing strategy IMO.
Look, the discount/glitch went up at around 1am, was on the deal tracking forums within minutes, and sold out an hour later. Due to that time frame it's inevitable that a huge amount of people lost out, flippers or not. Only reason I got in on it is due to my being an incurable night owl.
I dislike the greedy people too, but even if they had limited it to 1 per person (assuming it wasn't a glitch, which I believe it was) it still would have sold out within an hour or two and you still wouldn't have gotten it if you weren't on at the time. I bought one, got free 2-day shipping via Amazon Prime, and was slightly disappointed that it was pushed back to after Christmas as it's intended as a gift. During the ordering process it had been showing as shipping on the 21st, but due to the sheer mass of people placing orders it got pushed back to the 27th in only a couple minutes. After the blu-ray was long sold out, the dvd was limited to 3 per person...and it still sold out within a few hours.
This was all before 4 am PST, would you have been awake and able to get one before then? If the answer's no, a customer limit would not have benefited you whatsoever.
Sorry you didn't get one, but them's the breaks. Especially on unexpected late night possible-glitches like this one.