If you are at 60k coins then that is what... a good 1/3 of the coins mined so far? I think you'll be nicely set if the devs actually do what they say they are doing. I've seen coins just as dead as Aircoin receive faster updates. Even Beecoin is changing their whole coin to a x11 PoS coin in less time. Last I checked there wasn't a university backing that coin.
I think they are still trying to focus on the development of the exchange. Not sure who is developing the coin for them, but he seems over his head at the moment. The issue with the LTC chain-overlap and "update your LTC client", and "chain state is too old", are common issues that have been resolved ages ago, on other coins. My guess is, that they pulled the source from an older clone, closer to LTC, and have not checked the diffs of other coins. You can see all the changes made, which resolved these more common issues, in all of the other clone coins.
Also too, they seem to want to add a lot of untested functionality to the coin itself. I assume, they are fighting with a way to keep the "rewards" secure. Which is, well, impossible, if they depend on an external device to adjust reward. That is why, to remain decentralized, BTC created the formulated rewards. The formula is the same on all machines. There is no middle-man that can manipulate the rewards. There is no security feature you could use, unless you went with a proprietary set of code, which would suffice. But then, that crosses legal boundaries with the BTC code. Not to mention, then it turns the coin itself, into something like ripple, or paypal, or a "manipulated share-holder stock". No-one wants to be manipulated. (Though, in essence, we all are being manipulated by one another.)
Having the exchange, with an artificial "points" system, will be the only way they can accomplish this. Essentially, like cryptsy has cryptsy-points and how mcxNOW has MCXfees and MCXbux, and how the whole DIEM process now works. (With DIEM, you are essentially being paid in DIEM, but actually mining whatever coin they use your miner for. You could be actually mining DRK or HIRO or even AIR, you don't know, because you are only earning DIEM. Chances are, you are not earning as much as they are getting in value from the actual coins you mine.)