Now that the difficulty is set to 596.887 will LTC miners move to mining BTC? Coinchoose reports that LTC is now a few points less profitable than BTC.
seigniorage, mining now may not be as profitable, but this does not mean you can't sell what you do get for a greater profit that you could mining BTC now.
So some miners will take the long view some wont. Further ASICS are comming and they will force GPU's out, so a scrypt coins will be mined by a large base
Also where had Coblee and LTC dev gone???