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Amiga could have lived if they basically switched to cheap X86 architecture in a A500 case and ported Amiga OS over to multitask DOS/Windows 3.1/OS2. No reason they could not have mad a mac version of the A500 as well.
Compatible, cheap, and adds something better. There was plenty of money to be made making cheaper clones in the 1990's, especially when you don't bother with advertising budgets.
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