Wordpress does not handle hackernews very well.
Even on a cheap VPS I've configured it to handle tens of thousands of requests per minute.
The httpd processes push the MySQL posts table out of the OS's filesystem cache, the newly spun up processes eat up all the free memory, and you start swapping and the whole thing falls over. Turn off keepalive, set the maximum number of httpd processes to a number that leaves enough RAM for the DB and filesystem cache, and the blog would be fine.
My blog's been top of HN FP a few times. It's just apache/mysql/wordpress on the smallest Linode, sharing it with a half dozen other sites.
But yeah, like yourself, just pointing out that a Wordpress instance that can take a battering is eminently achievable.