Whether it's "too little too late" will not be known for another 12 months or so. Until then personally I think it's best to hope that things improve such that Ford doesn't need to sell out to the government like the others have done. Some of this is beyond the direct control of the company anyway and is dependent on the economy improving and gasoline prices staying reasonable.
Mustangcat just doesn't want you to cast doubt on the situation if you can't tell by his posts. So don't bother trying to bring any realism into the picture here.
Regarding quality Ford has certainly improved. Are they better than Honda for instance? I don't know. What does jdpower have to say about it?