The thing about the Dinosaurs though (don't worry this is a common misperception) was that the meteor didn't wipe them out, they are still among us, as birds. The end of the Cretaceous was NOT the heyday of the Dinosaurs, in fact the overall number of species was much lower than it was during the early Cretaceous. In Western North America, there were tons of Triceraptops, Edmontosaurus, Tyrannosaurus, but this is pitiful in comparison to Western North America a few million years prior. The general consensus is that Dinosaurs as a whole were on decline (in terms of the number of species) even before the meteor struck. An ecosystem with fewer species is far more vulnerable to disaster than one with lots of species.
Directly after the K-T boundary, the largest animals were crocodilians, which, by virtue of their physiology (they can go months between meals) faired far better than their dinosaurian relatives. Fun fact about crocodilians, the earliest crocodilians were quadrapedial runners, modern crocodilians evolved lower metabolisms as an adaptation to being amphibious ambush predators.
...And I just got way off topic, sorry.
I just get excited talking about this kind of stuff.