Unix did a lot of things right, but signals was certainly not one of them. Sometimes the simple ideas aren't the best ones.
> signals not being queueable
Are you sure? I'm not an expert on signal handling, but I believe these statements are not true in the case of signalfd(2), which allows you to read signals from a file descriptor and does not require a signal handler.
Also, signalfd(2) has its own lovely host of problems (caused by the fact that a file descriptor and signals don't match in abstractions). On fork(), sendmsg() or exec() or any other interesting event, the file descriptor starts to lean towards breaking POSIX. In addition, because of signals' interactions with threads, you get some even odder interactions when you read from the fd in a multithreaded program (they share the file descriptor table but will read different data).
real-time signals are queueable.
A standard mechanism needs to exist to send a message to an arbitrary process for things like "please gracefully terminate", but I think the ideal interface looks like a combination of 1) signalfd (minus some of the legacy signal-specific bits), for any signals the process can handle, and 2) an in-kernel mechanism to SIGKILL, SIGSTOP, or SIGCONT processes, which the process can't do anything about anyway.
(And things like SIGWINCH should never have been signals; those should just be a standard message associated with the terminal device itself.)
On the other hand, most programs aren't designed for context switching, so the design overhead of dealing with signals is significant. Furthermore, signals can arrive at any time, even during a syscall, and while it's possible to do reliable I/O in the face of random interruptions, it's quite tricky.
There's nothing beautiful when you have a MT program which also has to handle signals for various reasons. Signals are an abomination, not the least because a signal handler is global for the whole process.
Sure handling them can be a pain in the ass, but I'd argue that signals are beautiful in their simplicity and extremely powerful. They are used for far more than signaling hang up and termination.