Well, let's say so: It's not only [i]trends[/i], for me.
If today 80% of people use XHTML 1.0, and if XHTML 1.0 and HTML 4.01 are [i]very[/i] close, then why should we go away from XHTML 1.0 now? Why it's evil?
1. If I make my document HTML 4.01 Strict, will it load faster than XHTML 1.0? No.
2. Will it display better? No.
3. Will it affect performance of my browser? No.
4. Will it make display my page a tiny bit better in any browser of today? No.
Any browser of today that understands doctypes, can render perfectly both HTML 4 and XHTML 1.
So, when HTML 5.0 becomes a standard, when browser developers start making their browsers compliant [i]not only[/i] with HTML 3.2, 4.0 and XHTML 1.0, but also with this new standard, then we can start making changes in our ways of developing for Web accordingly. Till this moment comes, I think we're perfectly safe using HTML 4 and XHTML 1, according to our own choice, [i]and[/i] (in some cases, like when developing web software used by others, not only for our personal use), according to what will be most useful for most people. And in the case of "XHTML vs HTML", I think XHTML will be preferred by most. This doesn't meant it's better, but simply preferred.
Finally, I think the discussion now drifts away to shores where a Flame War might start between Web purists, a war over the question, which standard is better and most convenient and righteous, and I don't think we want this
I just wanted to show my own point of view in this matter :-)
[i]// Sidenote: Ah, and yes, I know developers of today *do not* serve correctly the XHTML, precisely because IE cannot understand the document then. But if you ignore this fact, then you can see that even if incorrectly served, the XHTML documents display fine on the Web, just like their HTML brothers, so why should we be worried by this fact? And maybe one day IE will be fixed

[/i]