One reason that microkernels win over everything else (piss off, Linus) is that stability is better, because less stuff is running in the dangerous and all-powerful kernel environment. MacFUSE, like FUSE implementations on other UNIX-like operating systems, takes the microkernel approach to filesystems, hooking requests for information out of the kernel and passing them to user-space processes to handle. Here's the worst that can happen when screwing up a FUSE filesystem:
Now that might sound not only like a recipe for lower-quality code, but also like I'm extolling the capability to create lower-quality code. Well no it isn't, and yes I am. The advantage is that now the develop-debug-fix cycle for filesystems is just as short as it is for other userland applications (and HURD translators and the like). This provides a lower barrier to entry (meaning that it's more likely that interesting and innovative filesystems can be created), but also a faster turnaround on bugfixes (no panic, restart, try to salvage panic log... no two-machine debugging with kdb...) so ultimately higher-quality filesystems.