The Fact is... Evan, nearly 16 months ago put the question up to vote on whether or not we should burn the coins or relaunch the coin once it was discovered there were some technical issues with the launch. We, the whole community at that time voted no, leave it be. I'll contact our Dev team and foundation board to chime in to explain this in more detail via PM.
Of course the community voted no (how many voted?)- they had all the instacoins- either by being part of the instamine or buying them very cheaply off others that were. If it was decide to burn them or relaunch they would lose their advantage.