I hold out forlorn hope that someday my modern workstation will achieve the responsiveness and fast boot times of my Commodore 128. Not joking in the least.
Can still be done if all you want is a command-line to come up and be responsive. Most folks want web, email, images, and even a bit of security from their computer today. Could always be faster, but I think the days of "bam!" ready are past due to those requirements. Unless the computer is only sleeping, like an iphone for example.
Sure, but a modern computer also has orders of magnitude more processing power than devices that only ran a command line. There is no reason that we cant have both, except incompetence and/or bad economic incentives.