Nice informative post. TFFT. At least I learned something from it even though I'm into some DRK.
I don't think it's not worth investing though - just don't throw a mortgage at it when it's high. That seems to be the approach people are taking in fact. If you look at the order book it's all sub-100 DRK orders now which is still a reasonable amount of BTC.
It may take some time, but there will be a entire crop of drk/anon coins on their way now. Drk is in for some tough times. If you really believe ED is the only coder on this planet that can develop a decent anon coin i think you will see soon that you're very wrong. I see a big correction back to 300000 or less in a few days.
Although technically true, people should understand by now that 'better technology coming along' doesn't do jack sh*t to the valuation once a coin's got itself established in a particular sector and doing 'the job', so I don't think that's going to scare anybody.
Neither do I think the instamine issue will - I think it's more about jealousy and a misplaced sense of justice than anything else. I say misplaced because miners seem to think that developers have some kind of "code of conduct" to adhere to which, if broken, justifies their damnation to oblivion for evermore along with their precious coin. Well, that may be so in the mining community but I'm sorry, the market doesn't see it that way.
If you think a coin wasn't fairly launched then don't mine it. There are plenty of others out there to mine. But don't expect the market to pass over a totally viable asset according to its own set of priorities which will be different but no less ethical than those of miners.