No shit it's alive. 700MH/s and steadily growing. How many alt coins can show such hash popularity. Not many. Just look at coinchoose.com
And the alts with larger hashrate can be counted on the fingers of one hand. For a friggin 5 day old coin
Megacoin 1180 MH/s
Novacoin 1142 MH/s
Sexcoin 700 MH/s
Anoncoin 1410 MH/s
Stablecoin 800 MH/s
You might not want to take it seriously, but your rigs should.