> Another argument I've heard presented is that since 10 is divisible by 2 and 5 this simplifies many common calculations.

To me, it always seemed like 5 was only a common number because of its place in base 10, not the other way around. There doesn't seem to be any reason that 2 and 5 would have been chosen as more significant than 2 and 3 or 2 and 7.