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In short, we are in an adversarial situation. Microsoft does not want us to succeed. Thus we cannot trust Microsoft, even if we'd like to, and must consider Mono based upon the question "What is the worst thing MS can reasonably do?". We can only trust Mono if we are convinced Microsoft doesn't have weasel room. The current situation appears, to me, to have lots of weasel room.
Let's get real, that's what it's all about. It's not because we all wear tin foil hats or that we're harmful to the community and should be expelled. It's because we don't like Mono. And we don't like Mono, because we don't trust Microsoft. And we don't trust Microsoft, because.. Well, do I really have to repeat the whole story again?
There has been a lot of pro-Mono and anti-Mono arguments assaulting the community of late. The debate is not new but both sides have taken up arms since some distributions have decided to either remove Mono or include Mono by default.
Now that Microsoft formally recognises the contribution of Miguel de Icaza to Microsoft, there is no longer any reason to think of Mono as beneficial to GNU/Linux