Several ill-conceived ideas found their way into the standard: auto_ptr, vector, valarray and export, just to name a few. So I wouldn't take the presence of IOStreams necessarily as a sign of quality design.
IOStreams have a checkered history. They are actually a reworking of an earlier streams library, but were authored at a time when many of today's C++ idioms didn't exist, so the designers didn't have the benefit of hindsight. One issue that only became apparent over time was that it is almost impossible to implement IOStreams as efficiently as C's stdio, due to the copious use of virtual functions and forwarding to internal buffer objects at even the finest granularity, and also thanks to some inscrutable strangeness in the way locales are defined and implemented. My memory of this is quite fuzzy, I'll admit; I remember it being the subject of intense debate some years ago, on comp.lang.c++.moderated.
