Bloatware?
Computing minimalism?
Aren't business buzzwords great? I want the job of thinking up these daft terms instead of the one using them.
That notwithstanding, I do see value in software being scaled down to provide just the functionality you are likely to use and this does seem to be a trend. Except in WCM software where it appears that, in order to show how proactive they are, vendors are layering fucntionality onto the their out of the box offerings.
There is a temptation to say 'Great. Extra functionality for no extra cost.' But there is extra cost in performance, training, learning curve etc. etc.
It's like the iPhone. Lots of great functions but not great for making calls.