Yeah, what I was initially concerned about, was with so many altcoins floating around, that merchants (aka. goods and service providers), money exchangers etc might be hesitant to enter the crypto currency world and therefore delay accepting Bitcoin as a form of payment because there were so many alternatives.
However, it seems like there are actually very few altcoins that make it past the pump and dump stage, and fewer still that are traded for fiat... with, as pointed out by the various folks here, most altcoins are really only traded on their own gambling site and/or for bitcoins.
There is a real lack of goods and services that can be purchased in my local area/country using Bitcoins, and I'd like that to change... it all just seems to be "Bitcoin exchanges" which isn't that helpful.