I got no problem w/ concept of CPF.
Make a CPF that doesn't involve a centralized, implicit-trust, digital fiat system and it is a great idea. If the cost of CPF is destroying everything good about crypto-currency then the price is too high.
"Eat dogshit and I will feed this baby".
"I am not eating dog shit."
"So you don't support feeding babies?"
Well, while my fun-d is sorta centralized (AF and coblee found a rather elegant solution to sorta-decentralizing laundry part of the fund) and does involve implicit trust (not so much in me but in enlightened self-interest of mine), it is not fiat.
I can't make "even moar tee-bee-exes" at a whim.
So in theory, you should like TBX more than SC2
You "theoretically" having a way to decentralize control of your slush-fund is in no way the same as it being decentralized. Once you no longer have control over it THEN you have the right to criticize SC2 (on that issue - you obv have the right to criticize it on all its other flawas already).
TBX and SC2 both have one person controlling a large number of pre-gernerated coins. Spin it how you like - but until you no longer have the OPTION to sell/transfer them you're in the same boat. Talk of how you 'could' lose control of them carries no weight with me: talk's cheap - action is what convinces me.