I agree with Jeff that keeping meta-discussion off sites like SO is important and useful and I guess by that yardstick Meta is a success.
Yet the purpose of a community like this isn't just to keep such distractions away from the majority of the userbase (or at least it shouldn't be). It's to give that community a voice, ask questions and get feedback. But instead I see:
* Feature requests are basically just ignored unless it happens to be what's going to happen anyway (on the same principle that even a broken clock is right twice a day);