I liked how I0coin had a countdown, that felt "fair" and probably helps smooth out the original distribution.
It does the opposite actually. By counting down, it enabled those with massive hashrate to take advantage of their hashing power to grab majority of those coins without leaving a small window for the smaller players to get some and therefore spread it out.
But that contradicts his belief that it helps smooth out the original distribution
And while it might sound fair that more hash power = more coins, the way bitcoin works, at low difficulties it means just significantly more hash power = most if not all the coins. Not exactly fair
