The MCA was actually a great improvement in its time, but it was developed under numerous concepts not shared outside IBM with the rest of the PC world. Consequently, over time, it did not gain the propularity of ISA and EISA.
Well, this is partly due to IBM's vision that PCs should be able to handle multiple jobs simultaneously, and as a platform to connect to mainframes. The MCA was technically superior to anything available, but not for the direction that PCs took. It had a substantial impact on all subsequent motherboard design throughout the industry. While millions of the MCA motherboards were sold, it was not marketed well, and its technologies could be used under duress of heavy licensing fees.
Needless to say, the rest of the industry manufacturers got together and went a different way. Please see the "EISA" discussion.