I agree with billg. I've seen quite a bit of discussion by Wordpress users on why they won't be switching. I don't believe the success of MT4 rests in how many Wordpress users switch to use it.
All the platforms have active communities contributing to future development. Personally, I found Wordpress to be a pain in the butt (and those upgrade releases? - yow). But I understand why many people love it. For static publishing, I think MT does a great job. If I'm going dynamic, I prefer to go with ExpressionEngine for more control.
As for the "too little, too late" comments, what kind of business model is that? You see a competitor taking market share, you roll up your sleeves and respond. You don't take your ball and go home.
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