I doubt the altcoin concept offers any advantage apart from maybe getting it listed on a dubious exchange.

it opens up issues like what happens if my hd crashes, and I lose my lrm wallet?   
what if i made a private sale? while the transaction happens without an issue, both parties still have to go back to grnbrg to pay him his fee to update the ledger?? meanwhile the blockchain should be proof enough, right?  doesnt seem to fix anything apart from having it listed on an exchange of ill repute and exposing it to increased volatility and buyers who will have no idea what the heck they just bought.  and I all but guarantee that they'll have zero clue on how to digitally sign a message.
would lr pay divs on lrm coin fractions?
if lrm bonds are replaced by a dividend paying alt coin, does lr draw scrutiny for coining money? 

if I wanted to buy fakecoin, or whatever, I wouldve bought one of the lamecoins.  I bought btc dividend paying bonds in lrm.  I'm not willing to restructure the holding just to buy some dubious beta.