Capabilities are underrated as a generally way to purge bad archictures, make it clearer what code is doing, and generally cut accidental complexity & improve programmer productivity.
This is a big deal, because many security practices are neutral or bad for programmer productivity.
We need a big project to get CloudABI implemented in all the major kernels to make the theory reality. Whereas before it was unclear what was a good candidate to get this stuff in prod, now it is very clear that socket-activated services are an idea use-case, with very little migration pain.
Even if you think we should be going to Fuschia or SEl4 or whatever, I think this is a good stepping stone. Those projects are a big jump alone, and funding is uncertain. (Plus there are issues of single-company dominance with Fuchsia.) I think CloudABI is the sort of "non-reformist reform" not "worse is better" stepping stone that would help those projects not hurt them.
(WASI is similarly capability-based, as I understand it!)