"I remember the launch of Windows NT"
Best TPM article for yonks. Best of luck to ARM. But they've got an uphill battle on their hands, and not just at a technical level.
"I remember the launch of Windows NT"
But maybe you don't remember it very well.
"The Hardware Abstraction Layer - yeilding the choice of PowerPC or Intel. It never worked."
It may never have worked on your PowerPCs, I don't know.
In the rest of the world, it was also supposed to work on any conforming box from the Advanced RISC Computing consortium, whose members used not just PPC but MIPS and Alpha.
The HAL concept worked fine on the NT/Alpha boxes I used, from Multia to AlphaStation 400 to DIGITAL Personal Workstation PWS500a and indeed various DIGITAL Server boxes. I probably still have the relevant MSDN CDs somewhere, paid for by my (not my employer's) money.
At least, it worked as far as Gates allowed it to, and as far as the pre-virtualisation miracle that was FX!32 allowed it to. FX!32 was DEC software for NT/Alpha that allowed on-the-fly translation (not emulation) of x86/Win32 apps to Alpha/Win32 apps, as had been pioneered earlier by their VAX to Alpha translators.
Other ARC players didn't have equivalents of FX!32 so they were even more reliant on recompiled-to-native versions of Windows apps, which of course Gates never really provided except for x86.
Then after a little while Gates said to DEC: "You can either be Larry's friend or you can be my friend" and DEC's top folks didn't choose Bill. The rest is history.
Speaking of history, now that the history of massive anti-competitive backhanders and/or commercial blackmail (call it what you will) over many years between intel and Dell is finally emerging into daylight, it would be interesting to know what kind of sweetheart deals went on between Intel and Microsoft so that Intel didn't have to face any real competition in the chip market. I know from personal experience that Intel were quite happy to twist people's arms if they were threatening to look at AMD in any significant way.
Fortunately that kind of rubbish doesn't (can't) go on in the open source market.