I'm a little skeptical of the hurried nature of this rollout (i.e. all the typos) and the fact that the same guy tried to launch a skunk clone a week ago but clearly had no idea what he was doing.  But that being said, I will agree that a 1% pre-mine is sort of becoming standard, and is unfortunately enough a relief to see compared to 30%-70% pre-mine scam attempts.

I do wish that a launch time would be given specifically.  Otherwise the dev team is giving itself the added advantage of most people missing the launch.