DRKman you are correct James gave the VeriCoin Escrow account to the community and stated he wanted a weighted Vote on how it was to be used.
That's how James wanted it. That doesn't mean the VeriCoin community has to use that form of Voting.
It's my understanding VeriCoins' mission is the "Democratisation of Money", via simplied, universal useage leading to mass adoption of VRC's use as a currency in real world transactions.
"Weighted" voting is the antheisis of Democracy. It would allow for a Whale to take over VeriCoin and it's direction by Donating a total of VRC that trumped the amount other members could muster.
Lobbyist and Special Interest groups make a mockery of American Democracy. Weighted Voting does the same thing.
Oppressive regimes dictate to the people they lord over with the weight of the powers they wield.
The work of creating a organisation which is directed Democratically may be a pipe dream. I belive it's worth pursing and that it's the same page Satoshi is on.
If the mission of VeriCoin is to be attained it will require adopting a mindset "One person. One Vote"