Arguable. Emunie doesn't have the delegates system you have, but is truly and fully decentralized.
It's depends from that you mean under
fully decentralized, Bitcoin also was designed to be fully decentralized but today you have 3 pools which have more that 50% hashing power.
Today BitShares has 101 block signers (delegates) in 2.0 it's will be configurable without hard fork, so if shareholders will decide to have more decentralization they can vote to 1001 delegate.
Bitcoin has 3+ block signers, Ripple has 7, BitShares has 101, Nxt has 700+, eMunie - potentially unlimited like Bitcoin?
I guess fuserleer meant as in fully decentralized, like when Bitcoin was still at the CPU mining stage of its development. But let's wait for him to drop by and explain.