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I have used Priceline several times. I have found the prices to be suprisingly good. If you are a little flexable this would probably work for you. I have had a few problems but for the most part things have gone well. I do have a a few concerns. 1st, my wife are avid nonsmokers. However every room we have won a bid on has beem a smoking room. This can be rectified by then calling the hotel to get this changed. I have never had a hotel not be able to make this switch. It's just an extra step that should not be.
Also, I do not suggest you allow them to make plane reservations unless you like flying at weird hour, Like after midnight or before 5:00AM.
All in all I am very satsified with Priceline's arrangements.