For better or worse, there were a lot of edges we didn't get a chance to smooth out by the ship date though I believe we made reasonably solid trade-off calls based on the team and deadlines we had. Updating the Export feature was one of those trade-offs (it's just not a super frequent user activity); that part of Outlook leveraged code from the much-despised Microsoft Entourage. The app was far from as full-featured as some users wanted (especially Win Outlook switchers) BUT did make enough progress to avoid the backlash of other "rewrites" out there (e.g. Apple Final Cut Pro X).
Little insider history: we did a lot to try and make sure data didn't get locked-in... we really wanted a place where, even if your app crashed, you could always get the data out of the app. During development, we even had builds where the entire underlying database was exposed as XML docs (one per item in your db). We couldn't get the perf we wanted out of that system. We ended-up with Outlook 2011's database which still bites folks from time to time but has a lot more "recoverability" than previous products such as Entourage (where it users often cited being locked-out of their database).