Good use? Do you know how many 'devs' came that one? Almost all of them. How many coins will be remembered even a year from now? A few at most.
I know exactly what you mean. Take a look at the coin and the comprehensive development that has been done on it. This is not your copy and paste coin that we see so many of. Most of the coins that come out are for the early mining which is simply dumped if it ever hits an exchange and the coin dev is never seen again. I understand and share your skepticism.
Even Quark which had a alternative hashing made early coin reward 2048 and reduced this over a short period to 1 coin per block. What a waste of time.