Yeah LTCgear is super simple, but I have already brought in half my purchase cost in the first 2 weeks, and have 210MH that I bought for 840, or exactly 4$/MH. I would like to be able to control my hashing more, but its not worth that kind of premium or a little over 10x per MH sorry.
Yeah, as far as LTCGear goes, people are mistakenly calling it "cloud mining"... which, it really isn't... you're buying "shares" of a mining farm and agree to get paid out in one of the other coins...
Hashlets seem to be the middle ground, where you're buying "virtual miners" (which are likely just the same as shares of a farm) and getting paid in one of the many multipool options...
As far as thing product goes... would be a good idea if 1. the prices were more competitive....not necessarily in line with GAW or LTCGear, but better than they currently are.... 2... there was a little more info...