Aino Minako may be a simple name to you but it really is a name of a truly memorable character. For all you know, names aren't just labels for persons, rather, it is a title to ourselves which we should also consider to be endearing.

Many have translated it as "Beautiful Child of Love" of "Love of Everybody", this, we don't really know but what we would really want to know is the significance of the name to the character herself. Minako-chan has many nicknames that her friends use to address her. They call her V-chan since she was known as SailorV before. Other 'pet'names (not necessarily for pets ^_-) used for her is Mina-P, shortening her name even more and, since it sounds very kawaii (ne?), it also sounds very much like a sweet specification to her. If ever her name is changed, it would be like trying to change her world for everybody knows her in that name.

'Aino' very much means love of since Ai = love and no = of but acts as a suffix.  It all depends on the kanji and then you would be able to translate and not just transcribe her first name, Minako.

Her element is also love and beauty, Takeuchi-san made her and the others according to their element (not only their names but many other stuff).

The spirited goddess of love is basically like her name because in her whole life, love is what it's all about, ne?