- The hashing algorithm Scrypt makes it considerably more resistant against ASICs.
In what way is it "considerably more resistant" ? Are you arguing that manufacturing cost is the reason there are no litecoin ASICs for sale right now?- Faster confirmations. We live in a 'time poor' world, getting something done quicker is a definite advantage.
Very misleading. Confirmations coming twice as fast offer half as much security. This is not an advantage.- Competition is always good in economic markets
Copying Bitcoin doesn't automatically make you competitive. And "good" in what ways, for whom or what?- Gives people who missed out on Bitcoin early adoption a second chance
No one has missed out on Bitcoin early adoption. But this reasoning is definitely a not an argument for Litecoin. "Litecoin is good because sour grapes."- Ultimately, scarce things are given value by people. Litecoins are provably scarce and people are giving them value and creating services around them... at the end of the day that's all that matters. 
Scarcity alone is a pretty weak argument for value. But by this argument, why not continue to branch the bitcoin code in insignificant ways a million times over. You can make the amount of coin for each one even more scarce than LTC or BTC. By your logic, each copy should become valuable.There may be very good reasons to invest and support Litecoin. I don't see them in your post.
