So the real question is: Is it complete? Not "is it global". But I'm sure OpenStreetMap is incomplete as well, although maybe less incomplete than others.
Probably the biggest problem with OSM (that the likes of GM doesn't have) is inconsistant coverage within a country. GM will be pretty consistant in how well mapped a country is all over the country, whereas OSM might have one city mapped very well, but another region be very blank.