This plugin strips colors from channel text, and tends to do so a bit better than Ircle 3.0.4 does. In particular, it understands both Ircle and MIRC color codes, tries real hard to guess which type of codes it's seeing in a line, and use the correct set of logic to remove all the codes.
In practice, it gets it right about 98% of the time.
Every once in a while it will see what look like Ircle color codes and use that set of logic to remove them from the line, but it turns out the line really contained MIRC codes and it was just the first code looked Ircle-ish. In this case, you might still see a few dregs of the MIRC codes (the annoying ,2 type stuff embedded in the lines).
When it strips color codes from the line, it changes the display of the user's nick for that line to dark red, so that you know the line was modified before it was displayed.
You can also tell the plugin to strip audible bell characters (beeps) from the line. It will change them to display as ^G but will not beep at you.
/stripbells [on | off]
This sets whether to change bell characters to display as ^G and not beep. Note that you cannot strip bells if the main stripcolors option is Off.
/stripcolors [on | off]
This sets whether to strip color codes from channel text.