I agree, Litecoin has a severe lack of innovation and that will be it's undoing. It's not really accepted at much stores and it doesnt have widespread adoptance. Only a matter of time when Litecoin gets taken over.
Well, with the multi coin processor stuff, I expect ltc to be accepted at the same number of places as any other coin. So that's a plus in the sense that ltc then will be usable almost anywhere cryptos are... but so will every other crypto (or popular ones) too. It levels the playing field.