> Intel or AMD

They certainly aren't perfect, but they don't seem to be hell-bent on spying on or shoving crap into my face every waking hour for the time being.

> insecure guests

"Insecure" for the program against the user. It's such a dystopian idea that I don't know what to respond with.

> required security requirements

I don't believe any external party has the right to require me to use my own property in a certain way. This ends freedom as we know it. The most immediate consequences is we'd be subject to more ads with no way to opt out, but that would just be the beginning.

> stop people from ripping the movie

This is physically impossible anyway. There's always the analog hole, recording screens, etc, and I'm sure AI denoising will close the gap in quality.

> it technically does not stop every possible cheat

The bar gets lower by the day with locally deployable AI. We'd lose all this freedom for nothing at the end of the day. If you don't want cheating, the game needs to be played in a supervised context, just like how students take exams or sports competitions have referees.

And these are my concerns with your ideal "hypervisor" provided by a benevolent party. In this world we live in, the hypervisor is provided by the same people who don't want you to have any control whatsoever, and would probably inject ads/backdoors/telemetry into your "free" guest anyway. After all, they've gotten away with worse.