It's largely a joke. There are deals here and there, but they say "Bid $60 or more" -- Rarely(!) will you get a decent domain anywhere near that price. Pro domainers detest getting lowball bids from GoDaddy n00bs.
by the way - where exactly do I edit my preferences in order to be able to view adult listings? It says settings>preferences but there is no such thing
I've had good luck buying domains. And picking up some pretty good keyword and brandable domains for as low as $5 plus fees, but I wouldn't sell there.
if you have a ton of domains on Godaddy with no sites or you wouldn't mind selling then... why not post on the auction. it doesn't hurt and its free to list. a lot better then those other servers that cherry pick domains and put a huge sell fee on them.
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