Exhaustive and seamless import and export of Microsoft formats - that's the most important and desired LibreOffice feature for me and probably for for most LO users!
I guess balance between two is necessary. You can't totally ignore MS formats, but focusing only on it - will stale this project.
So so many Excel files. Ugh.
Most open source projects don't have a QA department, so they rely on us to file bug reports so that they can know about broken behavior.