I agree with you that RESET has aged horribly and would be hard for someone with a modern take to accept. If only 1% of Personal computers that existed in 1997 survived there would still be multiple millions of them (and that does not take into account servers which are generally in much hardier facilities). It seems much easier to retask those computers than to try to build millions of chip surrogates.
I have suggested in
another thread that RESET be replaced with something similar to the Linux OS.