in order of priority
- pay those that requested withdrawals before BST closed. (2012-08-17 17:58:00 UTC).
- pay last week's principle balance in order of account age, including any deposits made during this week.
- pay this week's interest earnings in order of account age
This is fair.
Paying according to account age is not fair. Paying in proportion to account size is fair.
I guess it depends on your perspective. I fully expect pirate to live up to this commitment and return 100% of what he promised. I do, however, expect it to come in stages and this, IMO, is a fair means of delivering the funds in a staggered manner.