That would be a good start, because it would allow one to "hollow out the attack surface" - a great concept I've encountered in the erights community. Primitives that allow one to gradually secure a system in the future when the need arises.
Though unfortunately it doesn't provide the level of expressivity and flexibility that a full capability security architecture would.
The world has a great deal to learn from the likes of KeyKOS, seL4 and Genode, i don't see any of these issues going away without their adoption (or at least their ideas, in other systems).