I think, it's good that there is an equivalent alternative to bitcoin and I support it with mining. Why there should be only one big crypto currency?
It is better to have many crypto-currencies competing on features (and there are some), but what's the point of an identical copy?
Hmm, but with all the recent mainstream press about bitcoin and many new people diving in there might be a lot of suckers who will invest in bytecoin. Hey, I think I'll start my own clone, gigabytecoin! It's a billion times better than bytecoin!