It was indeed a big scam!!! But someone from the bitcointalk community took it over, someone not newbie... and then you need to give him at list the chance to prove himself.
Ah yes, one only has to look as far as Sync to see what a great job MsCollec does as Dev. The nice thing about a debacle such as this is that it clearly shows who the real scammers are. You can call us FUDders all day long but we aren't the ones trying to trick people out of their money with a known scamcoin.