I don't really get why the coin's going to swap to the so called w00t coin.
1337 has the name, there has been enough words spread about it, it gained its value recently, why is that?

I think the coin's on a nice way to 50+ satoshis and now there's only going to be hassle. And if the dev's going to work on other coin, 1337 will fade out neverthless.