$5 plus $5 shipping for a pair (and by pair I mean two pairs) of crappy binoculars - and Woot.com actually sold all 4100 units. The product description is awesome.
Woot Podcast - They sing about their favorite sites to the tune of "These Are a Few of My Favorite Things" (from Rogers and Hammerstein's Sound of Music)
Another Worst Woot of 2006 Candidate. This is a large metal contraption that locks onto the business end of a USB thumb drive. What's the problem? It's huge, heavy, can be pried off, and has only 3 combination wheels.