What a great post! I certainly love Augur myself, and love what it's trying to do through prediction. If it pans out, there is going to be tremendous wealth generated from it. It also has a strong team behind it, including its advisory board as you have mentioned. The main concern I have with it, is the same I have for projects like Golem. There is going to be a lot of effort to bring in paying customers in practice.

Who should Augur target first? Who is that lowest lying fruit that can prove the algorithm works, and can be profitable at that? This is really where I'm a bit stuck.

Again, solid writeup. Looking forward to reading more from you.