I will tell you what I'm thinking about LiteCoinX...
I spend approx. $9K for my RIG and it can mine ~40MH/s (using x11mod).
Now at 7:00 GMT my pool shows approx. 24 LTCX/day.
Dear LTCX Dev, you premine 42000 LTCX!
To get this amount I have to mine for 5 years (with difficulty 370).
Everyone knows that the difficulty increases! (so not 5 but 20-30 years!)
F*CK LTCX COINS!
THIS IS SCAM!