Well, I think that's a very personal view you have there. I (personally, too, of course) think Safari was great since the very first betas and is my main browser 'til today. Sogudi (which gives me major keyboard shortcuts like in OmniWeb, which is my _other_ browser of choice) saves my day - and works with Safari 1.3/2.0.
One feature I'd like to see in Safari is a Firefox-style search box in the tool bar. I really want to go back to using safari once I get Tiger because of the RSS features but I've got used to the convenience of having such a versatile search function right in the toolbar. In the end I guess RSS will win but I'll sure miss the search box.