I like the ideas behind Musicoin and decided after some issues with other pools to setup our own. It is intended to be a fast pool with minimum cost (currently set at 0.1%). Currently the server is London based. Not in it to make money but to support this interesting project. If interested you can access the pool at http://musicoin.flatpool.net . Payouts are every 2 hours and has been running smoothly for the last week or so.
If you have any questions I am happy to answer.