I'd argue that the fact such a simple and elegant solution as virtual memory is able to effectively cover such a wide range of use cases while eliminating the n

I'd argue that the fact such a simple and elegant solution as virtual memory is able to effectively cover such a wide range of use cases while eliminating the need for every application developer to duplicate their efforts is the exact opposite of "mediocre" and in fact it's the exact kind of efficiency-minded thinking that the software industry needs more of.