But the type system? Normally that wouldn't bother me, but I'm coming from OCaml, where exhaustive checking of algebraic data types makes me invincible. With dynamic typing, my code feels extremely vulnerable, especially when refactoring a codebase. Of course, Erlang isn't alone in this (I abandoned Ruby for similar reasons), but the pain of refactoring feels more acute in Erlang -- perhaps because idiomatic Erlang uses many short functions, making it easy to miss usages. So you have to rely on run-time testing to ensure complete coverage -- and that is nowhere near as easy nor reliable as a compiler that automatically checks everything for you.
My dream language is one with ML semantics running on top of BEAM. That seems like a natural progression for a platform that was designed to be reliable -- while there have been attempts to graft a more versatile type system onto the Erlang base language, the cleanest way forward seems to be a language purpose-built for the task.