M1 actually also implements the X86 memory model too in HW. It’s only usable for the rosetta applications and comes with perhaps 20% perf penalty. But it’s still way better than emulating it with barriers.
In C++ terms it pretty much means X86 is always seq_cst. With ARM one can actually get benefit of the different memory model options. As an example one can do an atomic access without having to flush the whole store buffer out, which is impossible in X86.
Due to the instruction coding and memory model for multicore I don’t really see X86 dominating anymore in the upcoming decades.
And as the modern OoO cores are so similar internally it’s not even a big deal in the end. AMD shouldn’t have any issues with producing a Zen arm core. Switch the inst decoder and that’s pretty much it (ton of design work for sure). Keep the X86 mem model optional for emulation and binary translation can be almost thought as just making X86 instructions into fixed width ahead of time.