I bet that I could tailor a Kernel + Initrd to my specific hardware and get a super fast boot too. Why is this news? MeeGo doesn't support the same vast quantities of hardware that Ubuntu or Fedora does, so it makes sense that some time would be lost on boot.

At any rate, as your 11.04 boot time article pointed out, boot times in Ubuntu have regressed greatly. Your same hardware booted 10.04 (which some of us are still running, including me) in 18 seconds, which is pretty much on par with MeeGo.