Thank you.
Cryptostocks might be small at the moment, but it seems to improve quite fast and in a good direction. A Developer Log for example is a good thing. Although the biggest hurdle of leaving the uncertain status to become legitimate, is likely still to come.
I think having several bitcoin stock exchanges with different legal status regulation level is good for the community. Nefario is trying to make a great contribution for the bitcoin capital market by make it legitimate, while we can still have other less regulated/free stock market. Maybe GLBSE is where we are able to buy a real and legitimate company's stake through the payment methods of bitcoin and priced in bitcoin and whose big 4 audited financial report's currency unit is bitcoin!
However, we need free and unregulated stock exchanges for the bitcoin economy. It is the spirit of bitcoin concept. Bitcoin means that if you want regulation you can have regulation, but if you don't want it the regulation will be able to removed. NASDAQ, pink sheet and NYSE, they are serving different companies, and investors can use all of them to seek investment opportunities. I I will invest on the both GLBSE and CS.
Maybe even one day we will have a stock exchange behind the Tor. 100% free, 100% illegal in the eyes of SEC. As long as the scammers will be scamming, but people will learn. And the honest people gaining trust/credibility over time.