But something tells me the DEV doesn't give a rats ass about the coin, just about lining his pockets.
Sending the remainder of the premine to a provably unspendable address would also work, especially since it's such a ridiculously large amount, and collectively we could probably donate at least a few tens of millions of existing PEEP to get things going independently with a new giveaway - PoS would grow that fairly quickly.
But you're right, I doubt it will happen. The dev has already shown his true colours in this thread... and more than once!
I'm still thinking about having a go at a Windows client compile. Despite all the flaws with this coin, a client that "just works" will grow the network and hopefully interest in the coin. Right now there seem to be only about a dozen connected nodes, and 3 of those are mine.