How long does it take for the difficulty to adjust?  It has been at 232.8355 for DAYS even though the network hashrate has fallen dramatically.

Block 7780 found on 06/30/2014 06:47:29.
Block 7850 found on 07/01/2014 08:12:44

That's 70 blocks found in 25 hours, 25 mins for an average blocktime of 21 mins 47 seconds and a measly reward of only 25 coins as the reward scales with the difficulty.

From the OP:
Specs:
Blocktime: 2.5 MINUTES


Until something is done to make the difficulty adjust more dynamically I wouldn't touch this coin with a 30 ft pole.

Just my .00000002 btc.