I'd love to see a platform that is easily deployed on shared hosting (written in php, using mysql) but that lends itself better to version control and switching environments. It should keep configuration in plain text instead of in the database, and it should allow easy definition of node types in addition to the standards (post, page, comment, etc.). These should also be defined in plain text instead of in the database (I'm looking at you, Drupal). Meanwhile, theming should be just as easy as with Wordpress.
Anyway, it's good to see others trying to enter the blogging platform space and compete with Wordpress, but I really want to see a truly good CMS come along.