Well none of this good news is going to matter soon if BTC keeps tanking. We're now officially in the $390's as of this post 

April 9, 2014 partial results after 19 hours: 0.00293 BTC/day per MH/s (70% LTC)
Ouch, I just can't do this anymore with continuously declining profits, gonna have to stick with mining scrypt-N coins and just hold while hoping they skyrocket in the future.

A month ago I sold a 6870 I bought over 2 years ago for 25% more than I paid for it in early 2012. In the future, there will always be people looking for video cards at lower prices for gaming. There will never be people wanting to scrypt mine with obsolete equipment that doesn't provide any ROI. So to answer your question, when everyone begins dumping their AMD gpu's, getting 50% of what I paid back is much better than 0 to 10%. Not to mention, I use my 280X for gaming as well, and only have one other card I got practically free. While your argument holds truth to a certain extent, that extent is substantially lower than you are probably aware.

Not to mention, at current Litecoin profitability which CM is hovering around 100% of, it would take over 7 months just to break even at a cost of $6,000 and assuming a 0% pool fee, an electricity cost of $0.10/kwh and no increase in BTC value. Of course, that time is going to increase greatly between now and then due to difficulty continuing to rise substantially.

Honestly, I'd be surprised if this guy even broke even at any point in the future. The current cost and performance of gridseeds available now is financially and quite literally just not worth the investment. In addition, that hardware is going to be worth only a small fraction of what he paid for it initially by the time it becomes obsolete.

Calculations done here:
http://www.coinwarz.com/calculators/litecoin-mining-calculator/?h=10000.00&p=270&pc=0.10&pf=0.00&d=5835.41677649&r=50.00000000&er=0.02785000&btcer=577.24000000&hc=6000

That being said, is Waffle pool really going to have an actual higher per day earnings than CM from now forward?

Take it for what you will...Clever mining has consistently been better when averaged throughout the past month. Jump around if you like, I'll trust this pool any given day over the others. I trust consistency over variable profits.

Here's the past week broken down daily:

Date                Middlecoin  CleverMining  WafflePool  HashCows     Coinshift
2014-03-18      0.0053626   0.006637      0.0057547   0.005987    0.0056726
2014-03-17      0.0068538   0.006595      0.0066297   0.005600    0.0054815
2014-03-16      0.0096588   0.005445      0.0061009   0.008300    0.0052234
2014-03-15      0.0043988   0.006425      0.0053657   0.005700    0.0075447
2014-03-14      0.0010460   0.006612      0.0058229   0.006000    0.0066656
2014-03-13      0.0032652   0.004853      0.0061376   0.005800    0.0054182

Here's the Average payout per MHs averaged for the past: 1 day, 3 days, 7 days and 14 days.
Days   Middlecoin       CleverMining  WafflePool      HashCows        Coinshift
01      0.0053626       0.0066370    0.0057547       0.0059870      0.0056726
03      0.0072917       0.0062257    0.0061618       0.0066290      0.0054592
07      0.0055590       0.0061690    0.0060190       0.0060981      0.0059959
14      0.0055884       0.0065725    0.0063329       0.0060348      0.0059328

Well...considering 100% LTC profitability is only .00554 BTC / Mh / Day, that's really not that great of a percentage, especially considering LTC difficulty is increasing daily and therefore LTC profitability is decreasing daily. I'm really hoping alt-coin profitability in general increases again since nearly everything is down across the board. Conversion rates of alt coins to BTC are not in direct relation to the price of BTC which is currently only around $600.

Also, I noticed that multipool.us is currently mining Aurora Coin (AUR) and it looks like that's about twice as profitable at this moment than LTC. Hoping we see more like this with other coins in the near future.

Edit: well, never mind it looks like that has already dropped back below most other alt coins. That was short lived, lol.

Are we ever even going to see anything close to .01 BTC/Mh/Day again? It seems like ever since March 1st we have been lucky to even get to .007...

Yes, I started having this problem yesterday in fact. My balances used to update every time the hash rate updated on the charts (every 10 minutes). Now I can go hours without seeing an update in my ready for payout, unexchanged, total expected and total profits. I'm not certain if the 1 Mh/s i'm doing during these times is being neglected or if the site is just updating less regularly. Either way, it's a concern to me. If I start seeing less than the advertised payout come through (right now it's .00650 BTC/day/Mh) then I will have to reconsider using this pool soon.

To be fair, this is the market, not the site. In fact, CM is doing better than the big 3:
Date: 2014-03-10
Middlecoin: 0.00374712 / WafflePool 0.00576231 / HashCows 0.00470000 / CleverMining: 0.00661100
         

Has anyone else had an issue with immature/unexchanged/total expected NOT updating at all for the past 4 hours or so? Prior to 4 hours ago, my numbers in each category were updating regularly about every 10 minutes, now I'm seeing zero changes in any of my balances. Just wondering if I'm alone on this...