Not to hijack your thread, but...
What I would like to know is the viability of a pure OT like blockchain, without any addresses at all. If the ZeroCoin (
https://bitcointalk.org/index.php?topic=202664.0) is possible, then I can't see any fundamental problem with it. Every single coin (or fraction thereof) just hanging around in the blockchain, waiting fore some stranger to pick it up.