Redacting their arrangement with $Music last minute is not a good look for Musiconomi. I am certain this will hinder their ICO unless reconsidered.
Nonetheless, $Music is the stronger project. I'll keep with them.
I think what we see with Musicoin vs. Musiconomi is two different approaches. Musicoin is squarely focused on a new paradigm, while Musiconomi gives a lot of nods to the old. Both approaches have their merit.
Personally though, I believe that Musicoin is taking a path that will satisfy both the new artist and the old industry.
Musiconomi can make valuable services for everyone, but at this point it seems like their % are too skewed to really help many. It seems like that breakdown will just reinforce the old paradigm where no one gets much money, like Soundcloud, Spotify, etc. That's just my unprofessional take from it all, so far.
The other thing I think worth mentioning though, is that at this point, all other Music blockchain projects must be measured against Musicoin. I think that is valuable in and of itself.