I believe there is this stigma that says "equity conversation" == "I will pay you crap". Personally, I don't believe this to be true. If you are switching to my startup, it is so you can be in a better situation and I have to acknowledge that. How we pull/push the equity vs cash lever should make both parties happy.
I know you're taking a fair amount of criticism about this post, with some saying that your attitude toward employee compensation reflects poorly on you and/or you company. However, as someone who doesn't know you, I'm pretty damn impressed with your ability to respond in a very cool, calm, and rational manner to very pointed criticism. If I lived on your side of the country, I'd certainly look into your company since that kind of attitude in a founder tends to permeate a company. I would take (and have taken) a 20%+ pay cut to work with calm, rational bosses and co-workers.