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Most people don't want a much slower processor. As soon as you have a pipeline the concepts of "now" and "next" become smeared out in time.

Intel tried that with Itanium. It didn't go well.

Also keep the delay slots of MIPS in the back of your mind, which with the evolution of MIPS became a burden.

They’re a burden to work with regardless of whether they match how pipelines work.

Would also save some watts I guess