The article isn't so much about the perceived value of an MS/CS in the job market as it is about the author's unhappiness with what an MS/CS means these days- less often as researchy prep for a PhD, more often as a BS/CS++. He also complains about the fact that there are students getting their MS/CS that don't have a BS/CS, therefore sometimes have fewer CS fundamentals than their undergraduate counterparts. I have a feeling that most of the comments are going to be about whether or not someone with a BS/CS should go for an MS, but that's not what the article is about.
EDIT: typo