There are four nominal versions of A/UX: 0.97, 1.1.1, A/UX 2.0.x and A/UX 3.0.x.
A/UX 0.97 only runs on the original Macintosh II. Good luck.
A/UX 1.1.1 runs on most 68020/68030 boxes. However there is very little to actually do with it. If the CD is working correctly, you boot in to System 6, launch the SASH program, which starts A/UX in a SASH (stand-alone shell) session. This is where you decide what shell you want and a few other minor things. By few minor things, there's only two GUI programs you can use: hfx and term. Everything else is command line. Not a recommended experience. But if you did want to see it for yourself, load it in Shoebill.
A/UX 2.0.0 is what I recommend for an A/UX experience. It runs fine on my IIci, but that is going to be a *little* sluggish but nothing intolerable or out of the ordinary. It's neat.
A/UX 2.0.1 introduced some updates and added support for the IIsi. Recommendation: If you do not have a IIsi, do not use A/UX 2.0.1. I've found it unstable and unreliable.
A/UX 3.0 is built with System 7 and this is where you really want a 68040 processor. If you don't, you'll notice a noticable performance hit, kind of like running Mac OS 8 on a 68030. It will work, and it is the most flexible of the A/UX systems, but it's not for everybody.
If you want to install A/UX 2.0.0, make sure you read the manual. It has a very specific way that it is installed. You will need 800KiB disks ready.
On the next major revision of the Guide, a fully bootable A/UX 2.0.0 .HDA file will be included, with some programs to help you "get out" of the hole you start in.