On the positive side...there is virtually no Alt Coins threatening LTC status as the number 2 coin after Bitcoin.
NXT will leave LTC in dust, maybe even BTC. Just wait and enjoy the show.
It would have to find it's way onto some legitimate exchanges first. It's not on Cryptsy, BTC-e or anywhere else that anyone's actually heard of. In fact, it looks like the
only exchanges it's listed on are ones that were set up specifically
for NXT, which I can't help but find deeply suspicious.
For now I'll stick with the Alts with an established reputation.