Ok,

It has been decided to go with Dreamwatchers plan for the KED relaunch. 


Dreamwatcher will also be handling the redistribution of the coins.  This should be fairly simple, and should run smoothly and will be 100% fair.


Everyone needs to keep their old KED wallet for the time being as it will be needed to claim your coins from the KED "the next generation"

we will keep the coin 3.5 per block and 1 minute blocks with 0 TX fee.  but we will reduce the total coins.

2 things will happen now.

1.  I will launch a poll to see what algo people want.  SHA256, Scrypt etc....VOTE ASAP, voting will close in 7 days.
https://bitcointalk.org/index.php?topic=315220.0

2.  Soon we will launch a design competition for the coin icons and logo.  The prize/s will be paid for from the 1st superblock.

Then when he coin is ready it will be given to dreamwatcher and we will launch at a prearranged time.