In my opinion not really. The whole article boils down to "CTO's should allow corporate developers more time to develop rather than rushing them because rushed programmers produce bad code"
It's not a bad point but to my eyes it's an obvious one.
What programmer hasn't been told to do code right the first time so it's easier to maintain? And since she didn't provide any suggestions on how to get CTO's to do this or how to justify the initial expense to management the whole article comes across as just a rant.
There's nothing wrong with a rant, although I would have liked a longer one with more substance.
I think there are a lot of other factors involved that contribute to the corporate IT stench, like the true motivations of IT management, bad programmers, and good programmers.
I often feel I could/should write some blog posts about this kind of stuff.