Disallowing overcommit still doesn't solve the whole problem: you can just burn all of RAM and all of swap in commit charge, then swap. Another failure mode is excessive paging IO causing the kernel to spill private memory to the swap file prematurely, preferring instead to fill RAM with dirty disk-backed pages that only later get written out to disk. When your system is in this state, accessing even activity used pages (say, your window manager's heap) might incur be a slow hard fault.

(OSes have gotten a little more resilient against this scenario over the years, but it illustrates the issue.)

Memory pool balancing is a really hard control theory problem! I don't blame some people taking the RAM size efficiency hit and just turning off swap entirely. I just think it's a shame to have to resort to that extreme.