In my eyes its the only correct thing to do.
Coin has been too easy to mine and thats the reason why we see a continuous dumping.
Let's take darkcoin as an example. 100 net ghash and the reward is silly 5 coins. My 200 mhash x11 rig gives me a little over 5 dark pr 24 hour and still people mines this coin.
So darkcoin can be mined for years. If we should succeed  we need to adjust the floating of LTCD on the marked.
I do not know how the community will react but if we look at the other altcoins we wouldnlike to be in calss with,  non of them will be 100% mined or it willbtake many many years.
Problem with it is the fact that some of the holders would have a hughe control of the coin itself. 8 mil coins is not a joke. I do not think that any darkcoin holders have 8 mil coins.