Peter Todd and Gregory Maxwell tend to argue for WoT
That's incorrect. We've been arguing for making WoT, CA's, and combinations of the two available to suit user needs. CA is fine when your security needs are low; when you're buying a coffee CA security is more than good enough. When you're moving $1k worth of Bitcoins you might want to double-check, $10k probably, and $1,000,000 you'd be downright negligent to rely only on CA's. Fortunately the same OpenPGP technology can easily support all these models.
Of course, remember that if you're writing Bitcoin software, it's really easy to be in a situation where millions of dollars worth of value are controlled by your software. That's why the Bitcoin sourcecode and binaries are protected by both OpenPGP and CA's.