I just noticed that CHNcoin is being delisted. The Chinese devs have acrutally done some work on the coin about 2mths ago if you check the Github repository, it's mean to change the diff calculation and apply some patches from later Bitcoin code as well. There is also someone looking at forking the coin.
https://bitcointalk.org/index.php?topic=192243.1580Wow one guy doing a few tweaks, but unable to test the client.. If he committed a few grand, did some allnighters solving problems then went to work, had his Boss tell him that his job was on the line when he got there, then went home to a wife who was threatening to divorce him if he spent another minute on that stupid coin again, and then hit the keyboard and kept pushing with a couple other guys going through the same thing, and kept at it for months, I'd say you had "serious development".
Though I tend to agree their are too many coins, at the same time delisting coins that may be listed in future presents its own problems. I mean, who's going to invest hard earned fiat into crypto once its listed if it can just as easily be delisted? Only 'sure thing' will be to mine and dump or buy and dump from a speculation perspective. Then again, if cryptsy is simply delisting some coins that perhaps should never have been listed in the first place but is also going to be a bit more selective about future listings all is good. It may well deter pump 'n dump dev's.
I think that self interest has lead to a fundamental shift in management philosophy, disregarding short term gains as they threaten long term profitabilty, and that is not a bad thing... I've said it in "my own thread", I might as well say it here.. As coins fail, and investors get burnt, the key to survival is credibility, not only for coins, but for exchanges... and there's a long line of operators coverting the "Cryptsy Crown"