That's the original proposal. I think sairon has a newer one (in a pastebin he deleted) which mainly uses POW difficulty as trust and let POS block inherit the trust score from previous POW block.
I have a habit of setting quite short expiration periods for my pastebins.

Send a pull request for all of your recent changes when you have a moment. Block 400000 (!!!) is coming up soon so if anyone else wants to provide feedback or alternate solutions do it soon. If not, I'm going to merge sairon's changes - probably by the end of the weekend.