So essentially this is a complete remake of the idea of a bitAsset, to one that is basically a blockchain command that destroys x btsx to create 1 bitUSD or destroys 1 bitUSD to create x btsx, where x is provided by the delegate price feeds.
I like it but I think the price feed delay will mean that the system can be exploited by whales. Once the chicken and egg liquidity issue is solved with bitUSD the user experience will be like with nubits. The focus of the developers should be on marketing BTSX and bitUSD, getting a mobile wallet and enable non-Titan address generation so POS integration becomes possible.