There are a few major reasons I didn't go that route:
* The .proto language has a lot of weird quirks that I don't like. Some of the quirks are specific to the protobuf encoding (e.g. int32 vs. sint32 vs. fixed32 being different types), while other quirks have no particular rationale behind them. I didn't want that baggage.
* The .proto language does not treat interfaces (aka services) as a first-class type. That is, you cannot define a field whose type is an RPC interface type -- a reference to a remote object. The ability to do this is a critical part of Cap'n Proto's interface design.
* It's highly unlikely that the protobuf team would be interested in accepting changes to the language which were not actually supported by protobuf. This means that if I shared the language, I would have my hands tied when it comes to new features -- or I'd also have to implement Protobuf equivalents to make them happy.
The reasons you gave make sense, although I'm not super familiar with the RPC aspect of protocol buffers so that's new to me.