Yeah NAT is still "every household gets a public IP address". This is a perfectly good foundation for an open Internet. You can still host servers in your home. I did this a lot as a kid and learned a ton from it. It's maybe not super elegant but it works.

Going to a model of "you don't get a public IP address, all traffic must go through servers other people host for you" is what finally kills the open Internet. It's okay enough for cell phones where it's a hack to work around TCP/IP's lack of roaming support, but it should be illegal to deploy as residential Internet.