The common trend here seems to be a concern over not cannibalizing existing markets. Two examples are the case of flash memory being delayed by a decade or more, and also Microsoft releasing a bloated Vista with the expectation that faster processors were on the horizon. Too bad there can't be some legislation to encourage a synergistic effect.
Hopefully, netbooks and FLOSS can free us from this x86-only world. I would love to have an 8-core ARM in my netbook.
I remember my IBM z50. It used some parts that were used in a Pentium notebook sold in some markets. Because of this part sharing with a Pentium notebook, the MIPS processor in it could run for 10+ hours on a single charge.
No ball-and-chain of Windows compatibility holding you back.
No possibility of being lazy and using a traditional PC BIOS + ACPI etc. architecture. x86 doesn't even have mature alternatives: EFI doesn't really help anything, and OLPC's OpenFirmware approach was implemented poorly. With ARM there's already a bunch of well-implemented variant architectures from multiple vendors with full support in dozens of operating systems.
Yep, on ARM you don't have those problems; you have different ones: every system has unique firmware and requires a special bootloader and kernel, making it impossible to create one OS image that will boot on many ARM systems.
It's maybe a little nicer for assembly programmers, but x86 is not that bad any more, and the predication and auto-shifting features in ARM are not that easy to deal with for compilers.
The main thing that may be problematic for x86 is that the individual cores may get smaller and simpler, which means that the decoding hardware will take up a proportionally higher portion of each one.