If Microsoft can look like the good guys while sticking a knife in Google's back, preventing them tracking users and targeting ads, then they might as well go for it.
IE on it's own won't do much damage but other browsers will be under pressure now to also add DNT, after all, they don't want their users to think they're privacy online is safer in IE's hands.
If all browsers slowly make this move Google could be affected quite badly. And that is the logic I think Microsoft is using here.
Which could also be exactly what they wanted: Get the good press for enabling the header by default while ensuring that they and everybody else will be able to track IE10 users normally, regardless of the setting being enabled or not.
It would look a little bad if Google just straight up ignored the DNT header on IE10.
Please, Microsoft is doing this for the same reason its pouring billions in competing with Bing - so it can strangle their competitors revenue streams.
In terms of revenue per impression, revenue/behavioral tends to beat out contextual. After contextual you've got site targeting and run of network, in that order. Google is the only one that does a really good job on contextual, that I've seen.
As of last month IE market share is now down to 16.4% (w3schools.) What IE does won't be so important because soon no one will be using it anyways.
It's a lot easier to pass legislation to make tracking illegal for users who have explicitly opted out, for example, than it is to pass legislation making tracking illegal period.
That is, DNT is a first step with more steps planned, not a complete solution for the tracking problem.
But if Microsoft derails the first step, then the followup steps can't happen, which is somewhat unfortunate.