It's good that dev will release the code, so supercoin goes back to the open source based coin. What worries me is that lacking of a qualified dev will not help supercoin in a lead position. Other hype coins can easily copy the code and sell their "stories". Only with a strong dev who is capable of taking over can keep the leading edge of the supercoin. I don't see any now. If none, then what's the point to release the code to other coins?? better keep the code secret.
I guess that is why the dev did so in the first place. Maybe the dev should not release the code until a new, preferably full-time developer/team takes over.