Wait for it to crash again. It's just now back to where it was a month ago, and in the interim it dropped like 50%. That said, mk and insomniasexx are all over this stuff.
Although I won't be surprised if ETH pulls back post DAO sale (5 days from now), IMO this is not peak first hype. IMO peak first hype is going to be over $50. Bitcoin has their halving event coming in July, and they remain at their transaction ceiling. If BTC does not rally soon after the halving (and I don't think it will), then shoop!, it's going into ETH. When bitcoin went nuts in 2013, it reached a marketcap of $14B. That would put ETH at $175. At that time, the number of people that were in the cryptocurrency universe was much smaller, and the number of on-ramps were far fewer. At the same time, the success of The DAO is going to lead to a whole lot of new DAOs. Coinbase didn't change their exchange's name to Global Digital Asset Exchange to trade DOGE and LTC. They are going to trade DAO tokens. Someone somewhere is creating 'insta-DAO software' atm. Shit is going to be messy, and it is going to be crazy, but you are going to need ETH to play.
My nervousness over daohub is that it's the black triangle of an RGB venn of "kickstarter tastemaking" "hedge fund exuberance" and "cybercurrency goldbugging" that could lead to some seriously ugly shit. Could, not will. Uber is illegal but also a fact of life. The regulatory objections to DAOs are not going to stop them. I think you're right - it's going to be messy and it's going to be crazy and I'll probably regret not having more to play with but as far as uncharted territory goes, DAOs are pretty much On Beyond Zebra.
Agreed - we will see another dip before we see $20. (my prediction, don't blame me if it doesn't happen. The crypto markets are fucking fickle as fuck)