Other than I love Samy, are many real-world examples of XSS being exploited for massive takeover of some service? I can't say I remember any news of a "website/service totally taken over due to XSS."
What most companies realize early on is that you can't guarantee you'll prevent an XSS from slipping through. But, having a good template engine that sanitizes all strings automatically is good enough preventative measure, and putting all user-submitted content on a different subdomain or domain (like usercontent[dot]company[dot]com) with browser same-origin policy and perhaps CORS rules, will be enough to keep the impact contained. From there, just about everything else can be categorized as user error.
That is what happens if you are the WP admin and think that you don't need to update your plugins because "it's just XSS, nothing major".