FFA or 5 seconds loot time is OK. No for Ploot.
I’m happy with FFA even though most of the time I’m not getting it. It creates the excitement eager to rush for pick up for the last blow. When finally I pick before other had the satisfied feeling. And it also create a social environment to chat and trade with other player.
In D3. It remove all the feelings and environments. Socializing in D3? Never ever happen. Everyone just join the game rush, finish and leave.