In about 3 hours I've mined over 1.5 Million with a single 1070, so the pre-mine of 400Million is actually not a problem at all. It literally is a tiny Pre-Mine (even if the coin total is high!)
I know the coin value is likely to end up being fractions of a Sat, however I'm kinda finding it fun to mine these big numbers with just a desktop PC.
The simplewallet is pretty much standard (run the daemon, let it synchronise for 30 minutes, then open simple wallet and make yourself a wallet and address to mine into).
I'd recommend anyone who hasnt done a CLI Simple Wallet before to give this coin a shot. If nothing else you will learn some basics. Similiarly, if you have a desktop PC and want to try some mining, this is a good coin to practice on as it's fun to see the numbers of coin ticking up so quickly. The pool seems to be paying out consistently.
I'm not too sure why the Dev set such a high coin limit with such a low complexity, but it looks like me and 24 other miners are having fun