I think the ribbon is great. Prior to the ribbon, Word, for example, had all of these different components, each with its own UI, all fighting among themselves for screen real estate (the UI version of how this article describes MS, I suppose). The ribbon came along with the expressed intent of unifying all of those UIs so that people could actually use all of Word's features without clobbering the space allocated for, you know, editing their documents. I think it's pretty successful at that, but you have to go back to those old versions of Office to remember just how awful it was.
Sure, it's different. It takes getting used to and that's unfortunate (if only they'd gotten it right the first time!). Ultimately, I realize that some people will never like it, and that's reasonable but I hardly think it qualifies as a "train wreck."