And this is why I DO feel differently about Word, which does take up way too much space with a ribbon full of tools that really aren't of interest. In word, I'm usually writing something, and then spending a small percentage of the time changing formatting. Quite different from Excel, where it's more often than not working with large datasets pulled either from a csv online or directly from a SQL server and the various tools and functions are central to the task at hand.
I guess the point is, it really depends on use case as for whether the ribbon makes sense, and it should be left to the user to decide to use the old menu based system or the new ribbon based system based on how much time is spent composing vs. manipulating the existing data. Right tool for the job.
Personally, I think the Windows OS itself is one of the most problematic offenders. How can you expect better from third party developers, when MS uses at least 3 different UI paradigms for system settings? And F1 doesn't bring up help - it brings up a web browser!