I remember RISC's back in the late 80's/early 90's. CISC's bullied them away and we've been stuck in Intel's quagmire every since. Anytime there's an attack on the status quo, the established players feign concern and beat back the attack then return to the way things were (remember Negroponte's $100 laptop and the netbook response?) No idea how this will pan out.
It's not that CISC won, it's that CISC (eventually) didn't lose to any great degree.