"What we need is a way to add value to the Tradeqwik and VIVA (eco)systems."

Absolutely. The only possible way for VIVA to survive this is to create something (anything) that actually creates value. Running an exchange could possibly do that (ala BTC-e / WEX), but that would require actually fixing the bugs. All the iVX that doesn't have a gVX counterpart also needs to be removed, because all it takes is one of those going up 100x and it's game over. In my opinion, iVX that has a gVX counterpart should be left alone, since people can trade it.

That said, it's still going to be very difficult to pull a resurrection of TQ off. The biggest problem will simply be paying for the work to be done.