We saw a similar thing with RUCoin (which had SHA256 and scrypt) and the coin failed.
If you're saying weighting can cause a big disturbance from a minor shift in hashing, that phenomenon seems much less likely to occur with 4 algos instead of 2 if weighted properly.
It's obviously also much more cartel proof.
People like Gmaxwell seem to claim that a group like KNCminer would create ASICs for all four chains.
I don't really see groups like that monopolizing all four chains into eternity, especially if each algo is radically different from one another.