I think the vast majority of people who consider themselves "IT" people aren't coders anyway. I would also think that most "IT" degrees being churned out these days are of the information systems variety (MIS, CIS, IFSM, etc...) and not Comp Sci. Where I go IFSM is the largest department in the school. It is considered a fairly easy major, much more so than CS (I was told by one of the Professor's in Math and Statistics deparment that IFSM means "I Failed Science and Math"

). These are the people that a Masters in MIS degree was probably designed for, although I'm sure there are cS types for whom a Masters in MIS would be more beneficial or applicable to their career aspirations, or maybe just want a Masters that they think might be easier than a CS Masters (not that there's anything wrong with that).
Bottom line is that your own career situation will determine whether a MIS or CS is better for you. You could always get a Masters in CS that focuses on software engineering with courses in things such as project management and the like, if you wanted to move towards management but keep your hands on the technical side.
[ April 01, 2002: Message edited by: Jason Menard ]