I think he seems very bitter in his post. Also I think he wrong when he says why would it matter that its wordpress. He makes an analogy between oracle and mysql as well. I think it does , technical proficiency matters, if he is going to outsource his programming I see this not being successful.
Why? Bloglines outsourced quite a few things. Digg outsourced quite a bit of its early development...didn't seem to hurt it much. MySpace was outsourced development early on, too.
That's not to say I particularly like Truemors...the spamminess of it pretty much makes it worthless to my eyes, but it's not spammy because it was outsourced, but because of specific implementation decisions.