I seriously can't believe WotC put this out before MM2.
Agreed.
Deities & Demigods may as well have been called Fluff & Ephemera for it's usefulness relative to a Monster Manual 2, which is a book the system actually needs, rather than just a book for dreaming about D&D by wowing at god stats and pictures.
I thought WotC was aiming for stuff for gamers rather than those who like dreaming about games that will never be. Between Manual of the Planes, the Epic Level Handbook and Deities & Demigods, WotC's plans for the game truly seem to be divorced from catering for your average campaign, which needs god stats as often as a fish needs a parachute.