Okay, that's fair, my view was too simplistic. But still, Wikipedia could probably get away with days of 1-5 minute cache refreshes if it was required? Especially if some banner informed users about it or something.
I think my larger points still stand. In comparison, almost all other services at the scale of wikipedia have critical almost-realtime components, and is almost useless without the possibility to authenticate users (which can't really be cached).
Not saying that the people who manage to keep Wikipedia so stable are doing an easy task, just that it's very different from almost all other things on the web.