Does SharePoint pass the test?

Microsoft SharePoint has claimed to solve team collaboration problems.  Here are a few comparisons of a structured implementation of Sharepoint versus simpler wiki solutions.

"We're planning on using SharePoint for formal office documentation and a wiki for more malleable IT documentation--the wiki seems easier to change.  I can administer a wiki largely without a manual; for SharePoint I need a book."  - Joel on software Discussion Group

"My experience with SharePoint is that it ends up being a fancy shared drive or file dumping ground with not nearly so much extra value as you would get on a Wiki. Most of the implementation I've seen end up having a nicely organized directory structure but are still only glorified file dumping grounds. If the wiki takes off, it turns into a more collaborative space or community white board and I have not seen that emerge on the SharePoint." - Road Warrior Collaboration

Michael Sampson has come up with a slightly different litmus test for SharePoint- a 7 point inspection

He sums up the test in access, location independence, real-time, calendaring, social features, action management, and auto-discovery.  Take a look at the 7 Pillars  whitepaper to see where SharePoint works and falls short for the enterprise.