Must have a pretty good reason to drop good names like those. dwnload downlad and others. I'd guess observe would go for close to $50k, it's a nice name.
No, it's not me, I figured it would go to about $15k but I personally wouldn't pay more than $7k for it. I was suprised after I made that post (I didn't look at the auction at all yet) it was already at $12k with 7 days left.
It's an ok domain if you have development plans for it, but that's true of almost any short domain. This is one of those domains you pickup from a drop, sit on for a few years and then sell to an end user for $40-$60k
My bid was around 13.5k. It's like an obscure alternative to the word 'view'. I still like it but perhaps difficult to sell on and a little too much risk for me.