[FullyFunctional]

You are correct. What people don't seem to appreciate are the internal conflicts within large organizations. There were in fact massive internal conflicts at Intel between the Itanic and the legacy. Companies that large doesn't "think with a single brain".

Random aside: Itanic was HP's brainchild that was adopted and refined at Intel (and far from all of Intel was excited about that). Having experienced a VLIW that _didn't_ suck (the internal engine of Transmeta's Astro 2/Efficieon) I'm sad that EPIC/Itanic gives VLIW as bad name. However, the future belongs to RISC-V.