I offered 0.8BTC as well. Apparently someone has bid up to 1.2BTC now. I would love a public auction if all those involved would agree to it so that there is more transparency in the bidding process.
I've been away from these boards for quite a while, and I didn't realize there was a dedicated auctions forum. I'd be inclined to use that in the future.
At present, there's an offer from a user wishing to remain anonymous, so I think this one is going to remain a silent auction for the time being.