Man, you would think, this version was supposed to be tweak and bug fix one, and they would cover all their bases in the two years of development. But it really looks to me that Apple really wanted to make a very thorough and concerted effort to build iPhone platform (nothing wrong with that), leaving no stone unturned, and used much of OS X team resources to accomplish that. Hence, there were limited resources available and limited development on the OS X front, which they covered up by calling it a bug fix and fine tuning update, and selling it for less.
In reality, my feeling is that this was not at all supposed to be a "stop new features and fine tune" but came to be that way as a result of iPhone's gestational nutritional needs.