With Bitcoin mining becoming highly centralized to miners who have expensive hardware, we certainly need new projects where people who don't have these expensive miners can still mine the coins. The thing I liked about coins like bitcoinR is that they allow you to quickly get started with mining and that too with your ordinary electronic gadgets. There is technically zero risks involved in mining such coins.
But they don't have any value right now as I checked their site and its not on any exchange. Why would I mine a coin that is yet to have any value?
My friend once the coin is on exchange the price will jump up and we then say, its too late now.
I have seen so many projects that were not taken seriously in there initial days (when value is low) and they made good price later on exchange. The biggest example of such coin is Bitcoin.