Maybe, and I understand those who say the community couldn't have done worse than MeeGo. But seeing from the corporate side, it's hard to imagine this happening. What if the community came up with a name & the corporations didn't like it? Lots of hard feelings. If they're going to be putting big dollars behind a brand, they need to own that important decision.

Plus, consider the practical issues:
1. Would the name discussion occur in the open? If so, the name could be stolen. And imagine the cybersquatting opportunity.
2. Any name chosen would have to be checked for how it sounds in various languages. Would the community do this? Domain name checks?