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Matt Mullenweg has a post out comparing the 2 platforms and touting WordPress.
[...] WordPress is 100% open source, GPL. All plugins in the official directory are GPL or compatible, 100% open source. [...] WordPress MU is 100% open source, GPL, and if you wanted you could take it and build your own hosted platform like WordPress.com, like edublogs.org has with over 100,000 blogs. [...]
I have read with fascination all the comments there, on the original MT blog post, and else. I have spotted many webmasters explaining why and how they moved from MovableType to WordPress —but I have spotted none explaining why and how they moved from WordPress to MovableType.
You must have missed them. Mine’s up there. Matt’s the reason why I moved over to MT and haven’t looked back.
WordPress is not 100% GPL. There’s a lot that they keep for themselves.