I'd like to mention the merits of not having a large standard library. Consider the evolution of OCaml. Many of the paradigms with which OCaml was born, such as using exceptions everywhere, have gone out of favor. Hopefully, sometime in the near future, we'll have Modular Implicits integrated into the language. Assuming this happens, it will almost certainly impact what would be expected to belong in a standard library. The official standard library already carries around with it vestigial organs, such as the Stream module. This will only get worse if we add to it.
At the same time, I recognize a need for a library to represent a large collection of data types and the functions over said types. It cannot all be miniature libraries in opam IMO -- for basic programming, there should be a curated source of basic and even some extended functionality.
What seems to me better than a built-in standard library, though, is a reference to the best currently available libraries in each area, including a 'standard' collection of utilities/data structures. Such a reference could include space for the community to debate the pros and cons of various libraries, and perhaps even a voting system to indicate to potential users what the community thinks about said libraries. This is something I currently have trouble with in opam, since I have no idea if a given library is a) ancient and unmaintained b) the best in its class c) rising in popularity d) written by a pro and solid, even if not used much. The closest I have to that in opam is number of downloads, but given how much the ecosystem now relies on opam, I think a more advanced display is needed.
-Yotam