So far, this is nothing more than a glorified clone. The no-pool thing is gimmicky without standing the test of time in terms of whether or not this really will prevent creative pools from mining. Besides, isn't there a miner (or group of miners) that control in excess of 20% of the existing network hash. How is that decentralized?

Further, the current distribution coupled with lack of volume only indicates that when the masternodes do come into play, it's going to remain incredibly centralized with only a handful of parties involved. When you have people owning in excess of 7% of the outstanding coins, you have problems.