I know it says in the little help thing, but I placed the first bid, and then I remembered that there are these kinda things out there. So yea, what will happen if I don't cancel the snipe? If someone could get back to me within the next 2 hours that would be great because that's when the auction ends.

Too late but...
AS bids as if it was you so it'd be the same as you bidding twice - ie. little or no effect!

R2