[quote name='Gamer SDP']okay thanks that clears some things up. Have past redemptions always been during the last few days of the month? Also what have been the typical durations, until most things are gone or a few hours?[/QUOTE]
Up until the past two redemptions, they have announced the exact dates, but the site would get pounded and have huge problems, so they've been doing their best to make the site 100% stable during redemption (one smaller problem during the Dec. redemption, and the January redemption had no problems) but they have typically been later in the month for every redemption. The past two have been pretty much the LAST day(s) of the month, and it'll be the same this month.
Usually, the prizes last around 10 minutes or so, usually less. They have about 158,000 fans on Facebook, so that should give you an idea of the number of users (that's excluding all the users who aren't friends with them on Facebook) and even if they get 1,000 items of each prize, they won't last long with the sheer number of users. They're doing their best to get the site stable then focus on trying to get more prizes, and keep them up 24/7 by upping the price by around 4x. This might sound like BS to a lot of people, but with some of the features Lockerz is looking to add (along with some stuff people should recommend, like the wonderful user rated content for ptz that a CAG member brought up earlier in the thread) Lockerz will be working to make everybody happy. Right now, they want to make sure people can successfully redeem items and keep the site stable.
Remember, back in August, they had a tiny user base, and now it's risen dramatically.