Yes, Land auctions are there (and works).
So the "360" photo is a spherical. It requires a Project Viewer, and right now it's a mess. LOL
First of all: it's the same thing a QuickTime VR from the '90s (did my research on this) - and unlike QuickTime VR it requires a "server" app just to view them. The SL Places option has that "server" app built in. However, the steps to put a 360 onto a places page is now broken: Apparently, according Knowledgebase, etc.: The Viewer would create a ZI