You do know that NxT has been in development longer than NEM? BCnext had worked on NxT for an undisclosed amount of time before his announcement and then there was still a wait after the public announcement. Of course you should know that because you're a NxT holder like me. If we had to compare the development time between the two coins, NxT has spent more time in development than NEM has.
If you want an example of vaporware then you want eMunie - that was announced back in March 2013 (not 2014) and has been delayed close to a half dozen times.
I am a NEM and NXT fan, so full disclosure.
But by definition, NEM is vaporware right now. Can't argue that really