Fair enough, although their technology can be appreciated separately from the pre-mine. Anyone can fork it and do a purely mined version.

I would rather see an actual, functional product take off (even without miners). The resistance to Ripple just enables an endless series of me-too fundraisers.

The ethereum proposal is the most technical yet. Hopefully it sets a new minimum bar in the market for crowd-funded vaporware (I'm highly skeptical of them all).