I'm not going to take a side on whether OCaml limits the development base or not, but I don't think it'd be the lack of standardization stopping it in any case. Look at languages like python and ruby (or, *gasp*, PHP) that are quite popular and practical. None of those are standardized in any meaningful way, but they're doing just fine. Then look at a language like Haskell that has standardization and multiple high-quality implementations, but still sits on the sidelines of the software industry.