So, I have been mining since launch. I have so far accrued .00250769 (1,000 kh/s). The transaction fee is .003. Just about a quarter of mining is going to the transaction fee if I want to move the coin to my wallet once a day. Hmm. I am mining at
http://seed.lifeforce.info/ So anyone mining there, watch out for that. They are going to bank off your transaction.
Update:
Since this post they have lowered the tx fee to .0001 - The owner was very responsive and understood the issue.