Wont the ASICs make the difficultly rise so rapidly that it makes us little guys dead in the water almost instantly or no?
well this is maybe true, I am mining with 50Gh unit and I am also not lucky if I see the speeds of others, but that is not upon us. I started mining Iceberg coin with two of my GPUs and with 20Mh I am at the bottom of the line, top ones are mining over 1Gh at N5 scrypt ( do not believe they do mine with GPU farms, it looks as some sort of new ASIC units). So we have to hope for some coins.