I share that dream, and surely it's not just us.

Raspberry Pi was a shot in that direction. But it's still a complex beast with 3D GPU, some embedded RTOS to get everything started, etc.

Personally I think software size should reflect the complexity of the task. And yes, a modern GUI does subpixel rendering of scalable fonts, decoding complex video codecs etc etc. But the bulk of today's massive software size is just pointless abstractions, inefficient 'frameworks' or eyecandy.

Right.

That's why I love good text mode interfaces so much.