finding blocks is too slow?
ya, read the updates on page 4 for more info.
we are working on possible POS upgrade to fix this.
Maybe look into implementing kimoto gravity well into the source to help with hash fluctuations, Jumping to POS right away will not be the best way to distribute coins like POW does.
We have tried it and unfortunately even with 1 block retarget and the [1/16, 1/8, 1/4, 1/2] difficulty calculation equation we were unable to reach the original 2 minutes target with any POW.
The merged algorithm you mentioned yesterday is interesting indeed but we have not enough knowledge to implement and maintain it properly.
In any case we have a couple new announcements coming tomorrow, so if you are mining currently, try to pile up as many coins as you can.