It's like having microsoft control a standard, it's why the guys who develop mono are off their rocker. When you let someone at the wheel who completely hates what you are trying to achieve, he's going to steer things in bad directions. What's worse is that wayland was doing was simple. X11 was an old old standard and wayland was just moving in to replace a crufty piece of open source.
Some people were OK with it, some people weren't, then all of a sudden ubuntu goes and makes a THIRD standard, citing a laundry list of nonsense reasons to abandon all that work. We know the reason they did it, it's the same reason they made that ridiculous unity DE. They want control.
I really don't see how it could be worse than being stuck in X11-land though.
Sure, Wayland may(or may not) end up even better. But why should I care, as long as there is a great improvement to the current situation?