Even though EOS is yet to prove itself, I think it's a risk worth taking.

The extended ICO of EOS token is seen as greedy move and some even call it a scam. I feel the ICO is a masterstroke.

What the long ICO has done is that it has ensured the tokens are widely distributed. That will prove to be big advantage as EOS works on delegate PoS principle and concentrated holding would have made it meaningless.

Also the EOS team now has enough funds to support the project for a few years.

Only risk is that the EOS team abandons or neglects the project once the money is collected.

I don't think Larimer will do that. The stakes are very high this time and any hint that the project is losing momentum will cause irreparable damage to Larimer's reputation.