I like Ilford as much as the next guy, but don't forget that ILFORD WENT BANKRUPT! They were NOT doing ok. They had to restructure to get where they are today. And it's looking like Kodak might have to do that too, and it will probably be more difficult for them to do since they are (were) a bigger company. Whether or not they make it out of the other side is any one's guess.
I'd also like to point out that since that time (2005?), while Kodak has discontinued some of it's films, they've also released quite a few new/updated emulsions. TMY-2, Portra VC/NC/800-2, Portra VC/NC/800-3, Portra 400, 160, and Ektar 100. They've also revamped their motion picture line at least once during that period with the Vision3 products - I'm not sure when the Vision2 stuff came out.
Yes, Kodak has done some stupid stuff with it's business. They've also looked to transition from film to other things - which only makes sense for a large company trying to survive and escape from being shackled to a dying niche of business. However, to say they were trying to actively kill their film business is a bit disingenuous.