I appreciate that you can't go far into technical details in an HN comment, but after a statement like that, you could at least give a pointer to those "good reasons". They might not be as obvious to everyone as you assume.
Since I can't peek into the OPs head, I'll have to speculate but here's my take:
The power of Mustache (and Handlebars) was that it forced you to write logic-less templates. There's just no way to express logic other than checks for existence of values. That means that you have a minimal language that every non-programmer [1] can understand. You can change templates without diving into a language. Walrus changes that to be a pretty much full featured template language with full view logic (hey, look, there's MATH methods in there). It perverts the idea of Mustache.
The power of Mustache (and Handlebars) was that it forced you to write logic-less templates. There's just no way to express logic other than checks for existence of values. That means that you have a minimal language that every non-programmer [1] can understand. You can change templates without diving into a language. Walrus changes that to be a pretty much full featured template language with full view logic (hey, look, there's MATH methods in there). It perverts the idea of Mustache.
[1] aka designer or template-guru :)