I've read the same. I've also read that number has increased a bit since it was announced. Regardless, I'm looking more for the "when is it awarded" than the "how much is awarded".
I'm aware of this.
Your summary demonstrates what I mean in the OP when I say: "as they get sent, and re-sent, and re-sent the forum total diminishes until there are nearly none left (or at least significantly less than at the beginning of the month), and we all have to wait for the sources to get some more."
It will depend a bit on how it is distributed, since odd amounts of merit awarded result in a bit less than half as much sMerit.
For example, imagine that the 8,175 merit is sent as 1 merit per recipient to 8,175 different recipients. The result is no more merit awarded at all by anyone to anyone until the merit sources get their next allotment. The reality is somewhere between this extreme and the one you presented.
Correct. That doesn't tell us anything about how much of that sMerit has been sent, or how much new sMerit was the result of being awarded Merit, or what is the current total amount of sMerit remaining available to be sent.
This post has managed to restate things that have already been discussed in this thread, but like all the posts in this thread, doesn't accomplish answering ANY of my original questions.
There are now 15 posts in this thread, 14 of which are either off-topic for this thread or make no effort to do anything more than re-state what is already available. I was hoping for a response from Theymos (or someone who has actually discussed either of these things with Theymos). Perhaps I should have just sent him a PM.