That's two parties in hard to reach timezones who are more senior and have some influence on the tech? I wouldn't touch that with a bargepole unless I get some written agreement that I would be given free reign to fix this if it becomes a problem (which it most likely will).
The other thing that I note is that the founder wants everyone to read Atlas Shrugged. I'd take that seriously, don't apply unless you're comfortable with that brand of politics.
We're bringing in a designer in S.F. but for now - since we're bootstrapped I have outsourced the design to a team in Moldova - this is just a temporary thing and I do agree, it would be a problem if it was permanent
Also, it sounds like you're at risk of getting too hung up on the old-fashioned way of strictly splitting design and code (recommended reading: http://37signals.com/svn/posts/1061-why-we-skip-photoshop).
This is going to be my future job ad: You recognise the importance of a fit body and mind. You work out. While at work, the words "Facebook" "Kongregate" "Hackernews" sound like jibberish to you. 'Being right' just means 'delivered a successful product' to you.
I think 8 like a normal job is great, if someone gets excited about a project & wants to work late w/ me I'd enjoy it - that's the only point I was trying to make.