We discuss a class of uniform and isotropic, spatially flat, decaying Λ cosmologies, in the realm of a model where the gravitation "constant" G is a function of the cosmological time. Besides the usual de Sitter solution, the models at late times are characterized by a constant ratio between the matter and total energy densities. One of them presents a coasting expansion where the matter density parameter is Ωm = 1/3, and the age of the universe satisfies Ht = 1. From considerations in line with the holographic conjecture, it is argued that, among the non-decelerating solutions, the coasting expansion is the only acceptable from a thermodynamic viewpoint, and that the time varying cosmological term must be proportional to H 2 , a result earlier obtained using different arguments.