Except it isn't just auto complete he is describing. It is also code generation. The example he gave would come with an auto import. Other examples would include class and method generation, exception handling, parenthesis matching and test stubs.
Intellisense in general is kind of expected now in any IDE; it is like the buttons in your car to slide down your windows (old enough to remember the handles :) ), they are nice and expected but you wouldn't base your buying decision purely on that.
Who are you arguing against though? Nobody ever made that claim, or as far as I can tell, even implied it.