3 Free Relisting - good or bad?

Is it just me or is anyone else finding that since this feature has come in, sales have slowed?

 

I'm not getting bites at things that would normally sell well.

 

I'm wondering if it is because the urgency of placing a bid is gone cause buyers know that if it doesn't sell it will most likely reappear again and again?

 

Certainly when I look up items in completed listings it seems a lot of triple listings of same items with no sales.