Well I see as January 2014, others below started to expound upon what I had explained in November 2013 at the threads given by the quoted links above.
On The Longest Chain Rule and Programmed
Self-Destruction of Crypto Currencies...
Btw, the above linked paper is a siren call for strictly CPU only alt-coins, with
constant perpetual debasement and 0 tx fees, and which have some mechanism to limit pool sizes.
Very interesting link thanks for sharing. Gave it a quick skim will have to read it in more depth this weekend.