MODern pricing

One thing that really pisses me off is when people set their price at $1 in the title of their product listing when they will obviously be charging a much higher price.  An examply of this idiocy can be found below.

Custom, Modded, HDMI Xbox 360 + extra 320 OBO - $1

Custom modded xbox 360 with all cords and 20gb hard drive NOT BANNED and xbox live safe 
everything works with rrod fix 
what you get is 
xbox 360 with 20gb hard drive 
HDMI cord (not a/v) and power cord 
wireless controller 
3-5 burned games maybe more 

Agentkooper's response to the ad:

That, sir, is an amazing product!  You do great work!  WOW!  Although I do have some questions.  How did you make the side of system invisible?  Is it really a decal, or did you just paint the side to look exactly like the inside components?  Also how did you get your rrod fixed?  I've had so many problems with mine.  Finally, what burned games are we talking about here?
It all sounds like a great deal for only $1, but Momma Kooper didn't raise any fools.  I'll give you $.75 for the package, but if you can definitely give me five good games I'd be willing to go up to $.85. 

Good news for me, Mr. Mod decided to give me a little more info, although using a shift key is too much to ask:

sorry its not for $1 its actually $320 or OBO
and its cutted and place with plexiglass so you can see inside the xbox
the rrod fix is done by a friend and he took the xclamps off and put artic silver for the thermal 
i got games like cod5, mortal combat vs dc,left 4 dead,army of two,saint rows 2,resident evil 5, guitar hero world tour and aerosmith

Hoping for some idea of why people lie about their pricing, I respond:

Why does your title line have $1 written into it if you're asking more than that?  Just curious.  Has anyone made an offer yet?  I am still very interested in this system.

Poop n Pee has decided to get into the discussion, posing as a little kid who is incredibly excited that his dreams of owning an Xbox 360 will finally come true.  

This is so freaking cool i aked my mom if i could get an xbox and she said i could if i could raise the money but i didnt have enough so i didnt think i woul dbe able too gt one but i saw your ad and now an very excited becuz i can aford this i cant belif you are selling this for so little but i have 1 dollar and my mom said to email you and ask when i can get it but she didnt think that you were selling it for so little so i am emailing you so i can tell her were to go so she can get it also you said 3-5 burned games or maybe more i have a total of 80 dollers and would spend more if you can give me more games because i relly want some more games because i wont be able to afford more thank you very much and god bless

He has responded:

usually a lot of people on craigslist will put things for $1 but also in the title line it says $320 OBO then if you read the contents inside it also says $320 OBO so you have to read carefully and some offers i got were like $275

Poop n Pee is having much less luck getting a response so he tried again:

i got a 3 day weekend and my mom will let me come pick up your xbox until 8 oclock tonite if you hurrry i can come pick it up tonite and like i said i will be able to buy more cames as much as 80 dollers worth so please answer me quick cause i would really like to be able to play xbobx  tonite if i could cause that would be aweomse and my mom is wanting to not half to go out that late if she dont have to thanks once again my name is Doug but i cant give you my phone number till i get yours first my mom wont let me thanks man and god bless