The entire industry, from IP providers to software developers, dropped this as a goal very early on. Bandwidth wasn't available, server installation and management was too complex for almost everyone, security issues turned into a swamp of nightmarish proportions.
Had we been clear in, say, 1995, that goal of IP-at-home was "run your own server (appliance), it will be as easy as using the iPhone that you haven't seen yet", the state of the web would be very, very, very different.
But that turned out not to be the goal, certainly not a goal that was even remotely close to achieved, and we're stuck with what we now have, for now at least.