The last of the beach front spectrum property comes up for auction in January, and much of 2007 was spent fighting over auctions rules. Google lobbied for open access, while Verizon Wireless and other telcos lobbied against. In the end, the FCC designated 22 megahertz of spectrum for open access, and Verizon Wireless is now embracing the concept. Google intends to bid in the auction. The question is: How aggressive will it be? Barron's handicaps the race.