Something like a dutch auction option for IPOs would be useful I think. It would help mitigate some of the confusion surrounding over-subscribed IPOs for both issuers and novice investors.

Without such an option I tend to think that actually running your own dutch auction on the forums and pushing the shares out for the IPO on BTCT makes more sense than attempting to run the IPO through the open subscriptions on the market - but as an LTCGlobal shareholder I'd prefer if the transaction fees from the IPO were captured by the market.