I think a lot of your answer lies in the "Why we abandoned Object Databases" answer of "Object Oriented vs Relational Databases".
As far as your example goes, it doesn't have to be that way. Linq to SQL is actually a quite nice basic layer over a DBMS, and Linq to Entities (v2 -- v1 sucked) will be pretty cool too. (N)Hibernate has been solving the problem you're having for years now using RDBMSes.
So I guess my answer to you is that O/R mappers are getting to the point where they solve your problem nicely, and you don't need an ODBMS to get what you need.
