Let's talk about the term "pre-mine". Literally, it is to mine BEFORE a coin is released, i.e., before other people can. It DOES NOT mean that early adopters get a lot of coins because the difficulty is set low. That is not a pre-mine. If I have my miner set to start the instant the "Post" button is pushed, it is not a pre-mine. I saw one member, a hero member too, saying "it's being pre-mined right in front of your eyes". THIS IS IMPOSSIBLE.
Your correct, technically its not a pre-mine. However its like a loop hole. Releasing a coin at diff=1 is the closest thing to pre-mine without fitting the exact definition of pre-mine. However diff=1 fits with the intent of pre-mine, to gain as much of the coin as possible in conditions that are not typical for the network. (1 seconds blocks for a entire day)
Because the diff is so low about a percent of the entire coin supply is minted in the first day and anyone hearing about it 8 hours later has to contend with the fact that a million coins already exist and now its getting hard to mine coins.
I'm not really interested in loop holes, the reason people release at diff=1 is because they want ownership of a massive amount of coin just for being on the forum at that right minute.
If someone wanted to make the coin release fairer, then a high diff is the way to go.
