I'm still trying to wrap my head around the idea that mining with a proprietary GPU miner closed to other devs is a good thing. I can't really seem to do it.

Maybe I'm just a naive ideologue , but the open nature of crypto currency in general is it's primary allure -to me at least. Open source and peer reviewed is best all around for any aspect of this crazy mining endeavor.

With Scrypt ASICs loudly clanging the death knell of impending profitability decline for massive GPU Scrypt farms. A new coin sporting an eco-friendly (by comparison) algorithm shows up just in time for summer. An 'every mans' mining coin with low power consumption that levels the play field and furthers the goal of widely distributed hash rate. But would that necessarily be the case if I have to pay a premium for a proprietary mining app?

So to C&C I ask: why is this a good idea to anyone other than yourselves?

and to the larger community I ask: does anyone else see an issue and if so what are the implications.