Yikes. That was a frightening read. Thankfully, though, I don't think that this insect was the cause of those trunk holes or the previous problem. The tree did, overall, look wilted in '08, but there was no defoliation or leaves turning brown to the extent of that example pic on that borer page. It said that infestation starts with the crown the first year and works it's way down in the second and third years, so those exit holes would be the final straw, so to speak. God, that would have been awful.
I was grateful to read that the downy and hairy woodpeckers, of which we have an abundance here (we feed them, also), are one of that borer's natural predators. So maybe we've taken a good preventative measure in that respect!
Thank you Urban Forester, that did make for eye-opening reading.