Though it's good that the interest and discussion about cryptocurrencies is getting stronger here in Iceland adamastor is on the right track here. They are not about to try and implement a decentralised, fixed cap cryptocurrency here (which in my opinion is the only two factors that make Bitcoin and derived coins unique as an electronic currency). What they would do is to strip those factors out so for one they could centrally control it, at least it would not come to a community consensus when faced with changes. They would always make sure that they would be able to enforce their will and secondly they are scared of the idea of a fixed cap currency. Their ideas involve a fixed, predetermined and permanent (till they feel otherwise) inflation into the currency.
One aspect is that if an official body such as CB creates an official blockchain based currency, the trust people generally have in cryptocurrencies would go up and they might start accepting the idea of Auroracoin as well, and later on realize it is the better choice.