So the money guys found a way to get investors to develop a proprietary engine by selling their test coins for a lot of money. What will they do with Mastercoin when they are finished developing? Perhaps they will sell it to financial firms that will market their own Bitcoin2 coins. What will happen to Mastercoin holders when the market is flooded by VisaChargeCoin, MasterExpressCoin, etc.? By then Mastercoin will have dumped their premined reserve coins, or gave them away as premiums to their customers.
Sure. This why I hope it will never happens.
There are many reasons why Bitcoin should stay as "best" one around...