As for asic resistant, who cares?
Yep, and after some time (maybe 2-3 years) you're going to run and scream if someone send 30% of all mined coins in system to exchange's wallet. Like in bitcoin now.
Asics eventually prevent decentralization, the key idea of cc's, at some point 2-3 mining centers can the entire network, they can manipulate on exchanges etc.