2. Vast library of plugins
3. Lets you focus on content rather than twiddling bits.
4. Open source, php/mysql, you can host it anywhere.
5. Vast number of devs who know how to make changes to it.
6. Most of the functionality you need for a basic website, including: scheduling content, WYSIWYG editor, ecommerce (via plugins), integration with analytics, custom data types.
7. Did I mention it just works?