(Of course, having better formal models of how 'unsafe' code behaves might allow us to be a lot more rigorous in building safe primitives, such as by endowing some 'unsafe' calls with proof objects that might reify the outcome of a bounds check.)
Also, when you're dealing with embedded code, you're very likely going to be using unsafe code (e.g. driver level). With no other protection, incorrectly programming a DMA transfer to trample over code-space is not unknown... and Rust cannot protect you from that.
(Having said that... an MPU window will also not necessarilly catch a bad DMA transfer either).
This is a good point but isn't Hubris designed to use statically bounded amounts of memory anyway, like much embedded software? AIUI, this was a key reason for keeping their design focused on synchronized requests, avoiding the hard-to-predict buffering that's needed for supporting 'async' models.
Having the ability to mark (for example) your stack as non-executable is a simple change that can remove a whole class of problems.
That is only the skimming the surface tho.