LootMagic was designed to save you the hassle of cleaning your inventory when you're looting and it is full.
Current Version built: 09/19/12 (WoW 5.0.5 just before Pandas)
Features:
FROM README PACKAGED WITH ADDON:
Replaces Autoloot. Will work with Autoloot on or off, but the "inventory is full" goes away with it off.
Optimizes vendor trash sell values. Stacked items are counted as a full stack for calculation, debating whether
to count as half stack. Feedback welcome :)
Algorithm:
Will dump lowest-valued trash for ANY common or greater quality item except what you define as (also) trash.
Will dump lowest-valued trash for any trash to be looted that is higher in value than said item.
Checks for item-specific bags, no mistakes therein.
Autoloots when inventory not full and when inventory full. and thus:
Will make you win at life.