I thought this for a while about the DX100, but got sick of the updates fixing one thing but breaking another.
For whomever asked, I think I got up to about 1.2.7 when I sold mine. Then the new owner complained that there was dust under the screen! I refunded the guy, got it back, disassembled it and cleaned it and re-sold it. There shouldn't be dust under the screen of a new product! I think though that when an item becomes popular the companies can start to rush and cut corners. Little Dot did this when they became popular, with items received in cosmetically poor condition. At least in both cases the companies are good about responding to customer issues.
Something I want to add: The comments people have made have been very interesting. There are no really "wrong" points of view -- looking at each of the thoughts people have had is good for getting a bigger picture of what is really going on and why we have the problems we do with products. I have been using Apple products since the Apple II and I see a similar tolerance of problems as I saw with people in the Windows world (and Mac to a degree too). Also the world of mobiles. I owned a couple of Moto Razrs and, as attractive as the designs were, the software was abysmal. It is no wonder Apple came in and took over the market -- the widespread mediocrity was ripe for a big change. I think the same thing is possible here.