is this for real
Yes. I've been working on Syscoin for five months now. I started right after the new year and syscoin is the result of a lot of hard work and consideration. I built the syscoin client around the litecoin v0.8.6.2 codebase. Then I added scrypt merge mining. Then, I dissected the namecoin and datacoin codebases, as well as half a dozen other clients, and applied that knowledge - and some of my ideas and lessons learned to implement all of Syscoin's service offerings.
Honestly, I'm proud of my work. Syscoin's service offerings and sheer scope of utility past its use as currency are something that I feel proud of releasing for public consumption. It's certainly more novel and more useful than 99% of the 'Our Shitcoin community supports herpderpistan and has 17 zillion rotating hashing algorithms so support this coin now!' posts you'll see in this category.
Frankly, I'm starting to scratch my head a bit that it took so long for someone to post an 'is this for real' comment. I expected one by page two. Syscoin is very real - the client has all the features mentioned fully implemented and in beta now. I assure you, neither I nor anyone of our team have no time to waste on scams and vapor or the fools we'd suffer in the process.
If you (replier or thread reader) are someone serious and knowledgeable about bitcoin / namecoin and you're curious about syscoin, please PM dan. We're certainly open to more private dialogue with you.