(quick and frequent halving ensures value.)
Yyyeah... we've seen a lot of fails based on that assumption already. *coughLEAFcough*
Leafcoin had halving every 10 days?
This coin will be halved every 69.4 days.
2 minute block time = 720 blocks per days
halving every 50 000 blocks
50 000 / 720 = 69.444
So, it's even less quick and frequent.