No, we had one but we only did because our wedding was 2 years out from the point of engagement. We thought it was a long time before the actual festivities started (we're also a party for anything sort of family) so we thought it would be nice to have one and see everyone we plan to have at our wedding.
We didn't have one. Seemed like a bit much with also having a bridal shower. Also we didn't have anyone to host it anyways. Probably would have politely turned it down if we did because I had 2 bridal showers (totally different crowds at each).
Edit: I've also never been to one so I don't think they're common in my family and friend group.
We went with something in the middle. We had just our wedding party and SOs over for a brunch and game day. My mom hosted but we planned everything. Also, we emphasized that it was for the wedding party/future families to get to know each other and no gifts were expected. We did get one check from one friend (who we had recently gone to a real engagement party for) and my mom made everyone little party favors (mugs and candy) but otherwise no gifts were involved. Everyone just hung out and had a good time. It was so much fun and very laid back (we have 3 attendants on each side and 2 of those brought SOs).
We skipped it. We just started new jobs and friends and family are scattered around the country so we decided it was unnecessary. We celebrated with each of our parents and that was it.
We didn't have an engagement party or any showers. We fairly recently moved to a different state and don't know many people here, our wedding will be in my hometown but it's too difficult to get back to for showers or parties (plus they do seem gift grabby). We did have a nice dinner where my mom (my dad is deceased) got to meet the MOG and FOG which was nice since they hadn't met before since we all live in different states.
We skipped having ours! Part of me wanted one because I wanted to just party/celebrate with the family! But then figured there wasn't really a point and didn't want anyone to feel obligated to bring a gift!
I had a small one just so my family could meet his (well those that had not already met). It was very small but it ended up being a lot of money. I sort of wish we would have just skipped it.
Skipped it. FIL's offered. FH and I thought about it, but felt like the amount of money they would have spent to throw it, could have gone to our wedding budget.