The latest version (1.6.7) is much improved over earlier versions and certainly does the job but you'll need to make loads of changes to avoid having something which looks like the worlds first ever website.
It gets a vote as the alternative for Joomla is to build an auction system yourself - and that's going to cost more than this component.
Thank you for your review. we value all reviews and feedback we get, mostly if it points out weaknesses of our products.
We took your review under consideration and realized that there were some usability and design issues we had to change in order to become better and to provide a good user experience, even thou there were no functionality issues with your version.
We feel that in version 2.0 and above we reached a higher standard in look and feel and we encourage you to upgrade your version.
Also please feel free to use our forum and ticket system in order to give us feedback and to get help.
The Factory Team