While I do enjoy servers with this sort of plug-in, I personally don't think it would suit this server. The point of an auction is to try and get a 'deal of a lifetime' and since the minimum value rule has been enforced I don't see much merit for it. Another issue to consider is the chat spam. If say +30 people are on a server with an auction constantly running it can be very disrupting if players are trying to communicate. :/
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It is a good idea in some cases and I have seen many servers using auctions, but I agree with CdogNerfinator, I just don't like them that much. Btw, I also voted for the wrong choice, I meant to vote for the "Auctions suck!" tab >.<
I however do think this is a good idea. Sure the minimum value is enforced but that doesn't mean you can't sell it for more than that. It just depends on what you're selling. Also, I believe their is a command that allows you to prevent auction from spamming your chat, essentially removing it from your chat.