I much prefer auctions. Although they require that everybody knows what they're doing, whereas a draft it's usually not that tough for a rookie to follow along on a cheat sheet. For an established league, auctions should definitely be considered. Takes a lot longer, but it's well worth it. There are aspects of a draft that are kind of nice, like starting a run on closers, the anxiety of waiting another round for a big sleeper and hoping nobody picks him, etc. But when you end up waiting 10 or 20 picks between players, especially at the start of the draft, it's really out of your hands and just down to how well the other teams fared after you were forced to take Pujols/Braun/Hanley. A lot of times a hybrid is used, so the starting lineups are filled with the auction, and a 5 round reserve snake draft follows to fill out the bench spots. The auction itself is a lot more complicated than it might seem at first, and is definitely something I need to work on. No matter how prepared I feel, or how many contingency plans I have, I always have regrets at the end which seem like such obvious mistakes. Like why did I take Figgins at $14 for my MI spot, when I know I can probably get Alcides Escobar for a buck later on?