I wonder if Commodore could have done better by migrating the Amiga to Intel 486 when prices started to drop to something reasonable. Let’s say, managing to release something around 1991 or 1992. Specifically, put the Amiga team and Commodore PC folks together on a project to develop a new system. Give the thing the next iteration of Amiga custom graphics and audio hardware. Invest in the OS to take full advantage of its unique hardware capabilities, e.g., memory protection and a good GUI. Use software emulation for backwards compatibility with the full existing catalog of Amiga software. Finally, provide a compatibility layer allowing it to either run DOS programs in a window, or perhaps have the system dual-boot to DOS if the performance cost of the former is too high.

Would this have been enough to keep the platform, and the company, alive for another few years?