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I proposed deprecating this (discouraging and eventually phasing it out) at Appropedia talk:Village pump #Changes to Wikipedia templates, and adding "Interwiki links" sections. Reasons are given there - basically I don't think it's appropriate to continue to highlight Wikipedia above all other links.
No one commented there, but if you missed that conversation and want to comment here, please do. --Chriswaterguy 06:50, 2 March 2011 (PST)