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I used to be a 'hater' - because I personally witnessed their representatives explaining how it was in their interest to undermine the competition through trade practices rather than innovation. However they are clearly doing a lot of good stuff too - certainly in programming languages, and their lab technologies, and it would be great to see this stuff get out into the world.
I'd love to see them be a real competitor. The problem is that they still have a gigantic market share and huge control over the computer industry in general. I think that if they start to achieve real success again, we'll be back to the place we were before - with another lost decade in terms of innovation.