[dfox]

That is interesting point that I originally wanted to mention. There are systems that take the middle ground approach of using something that the program has to eventually execute if it is running indefinitely as scheduling opportunity. Typically an backward jump or something that allows you to do backward jump (ie. function call), this is the case for erlang, SOAR (which was recently mentioned on HN) and interestingly enough Ericsson AXE, which is to large extent erlang-like VM implemented in hardware (which predates erlang).