Just discovered this thread. Awesome project. I am wondering why this has so little attention from the community. Projects like this give a very good reason to stay conservative regarding the max block size limit.
So OtherCoin proposes a more subtle change, one that would really make Bitcoin anonymous and isolated from any online intervention/analysis - that is harder to understand than a new mining chip or a new (online) fancy wallet. Or maybe I'm just nuts and people don't really care about their privacy and are perfectly ok with the
pseudonymous nature of Bitcoin

.
And yet this is the kind of project that would need tons of funding to really take off because it benefits/suffers from the network effect. The more people/merchants who would use OtherCoin, the more it would become useful and so on. And the more it would benefit Bitcoin in general.
It's a pity to see 21&Co... raising so much money for dubious projects while the promising ones are underfunded