I would be quite flattered by an unethical scholar plagiarizing from my work, it would be far better than being ignored.
The actual conversation about motivation to publish a paper is a fairly deep topic. In this particular case, I do think it's worthwhile for a variety of reasons:
* The literature dates back about 40 years, and no really good solution has been published.
* The most commonly cited survey paper is possibly fundamentally wrong.
* One of the most commonly cited and used techniques is surprisingly bad.
* The curve-fitting technique I propose probably has many other applications; in the best case, it could potentially open up a new field of study.
So part of my motivation for publishing the blog post is to see if I can recruit a partner in crime, someone who has incentive for publication in academic circles. We'll see!