I still don't think it is particularly useful to print STEEM instead of SBD. If there were some discussion about turning off or reducing printing altogether then I might be more supportive of it. Otherwise I'm fine leaving SBD printing on unconditionally. If there is too much of it, then conversions kick in and the result is STEEM put into circulation instead of SBD anyway.

SPS (which I had nothing to do with) follows this philosophy and prints SBD all the time, even under haircut conditions. What we've seen in practice is conversions keeping up and even slightly reducing the SBD supply anyway.

As far as reworking SBD, I'd like to see reverse conversions or some other way to put more SBD into circulation when it gets overvalued (which in turn ought to result in it being far less likely to ever get overvalued). Apart from STEEM itself being a basket case in terms of market reception and economics (you can't back anything with an asset that constantly drops 50%/month), that was always the main problem with SBD.