Wayne,
You're right, Numbers is not Excel, but they are both spreadsheet programs (you said it yourself). As a spreadsheet program you would expect some standard features. Numbers imports Excel spreadsheets, You'd expect that certain 'basic' operations to import, and I'd expect basic math operations to import better than fancy formating or advanced operations. Note there are quite a few threads here about importing problems, and in particular dates. Instead of trying to post to each thread I started my own.
In particular, if I have a valid number in a cell, and go to the inspector and tell it to display this number as a date, that Numbers should do it. Numbers gives no error, it just displays the number. Numbers does recognize the number as a valid date value, as if you say =Year(39916) you get 2013, =month(39916) you get 4, and =day(39916) you get 14. But putting 39916 in a cell and telling Number to display the number in a date format you just get 39916 displayed in the cell. So I don't understand the inspector and choosing a format to display a cells contents, I think its broken.
Everything a computer stores is just a string of binary digits. We tell the computer to intrepret and display this string starting starting at this digit and ending at another as an octal number, base 10 number, text, a color, an image, a song, a date, etc. Obviously Number recognizes 39916 as April 14, 2013 by using formulas, but just telling the inspector to display a cell with this number as a date just doesn't work.
With Excel set to the 1904 date basis, Numbers and Excel are using the same numeric algorithim to store a date as a number. Its just Excel lets you make use of it a LOT easier and to see the actual number, where as Numbers more or less hides the number and is a lot less flexible on displaying.
So Wayne, I don't understand your 'defense' of Numbers not being Excel. If the Inspector allows you to set the format of the cell display as currency, percentage, number, or date, you think that all those options would work or an error given. I'm not complaining that Numbers does not have a feature that Excel has, I am complaining that a feature of Numbers does not work very well at all.