If you can make it good - this is interesting idea.
I will support. IF it will work.
it's actually more stable than most new coins because of how the network can operate even if there's something wrong with 1 or two algos
whatever was going to happen to auroracoin is much harder to pull off... the other algos give timestamps of blocks
whatever happens to coins that get multipool mined is also not a concern, if scrypt difficulty raises, the blocks still get processed even if scrypt algo gets abandoned by the miners for a little bit (the difficulty will eventually get dropped)
from a security and stability stand-point this coin is a definite stand-out
disclaimer: I own like 100 of them from mining and I'm just selling them as I mine