My vision:

I think you all expect way to much of this auction.

A high price at auction has no effect on the WHOLE batch of NEM.
Reason why it will fetch a high price is of the low amount of stakes being sold.

Imagine:

- We put 5 stakes up for auction
- 10 stakes
- 100 stakes
- 120 stakes

Which stakes do you think will fetch the highest prices?
Now think of what happens when ALL of the 3 billion NEM potentially comes available on an exchange...

Even if people know there are 3000 stakes already, they will still overbid on a small available part.

All what this will create is a high INITIAL price, NEM will skyrocket and then collapse to what people are willing to invest (long term).
Of course this initial high price will always happen, but to auction of a small part of NEM will only amplify things.

EDIT: I think we should stick to the first plan and distribute the stakes to the people in the waiting list. That will create the most fair start for everyone.