Besides, truncation in OS X is much much smarter:
Notice how the tracking (spacing between letters) in the first item gets tightened to make it fit? It looks a little squished, but it's much preferable to reading dots.
The last item had to be truncated, but it happens in the middle and keeps the useful end information visible.
I was being honest when I said I was amazed at the GNOME truncation. I think an operating system UI that can't handle the names of its killer apps (e.g., OpenOffic…) lost its way somewhere.