Has any one here experience with 99designs.com? If so good/bad? Would you recommend it? Why/why not? And are there alternatives/what else would you use?

I used them a really long time ago for some logo contests and it was generally good, but I’m curious if anyone has used recently.

My experience was that you get what you pay for, so you need a good incentive to get good designers. Also they wait to the last minute to post to the competition so others don't steal their ideas and try to make them slightly better to win