For very specialized (probably embedded, but maybe other) use cases, I can see the value of specialized operating system which dispenses with time slice scheduling within a core and just assigns waiting tasks to a free core when/if it becomes available. On systems with very high core counts, and with lots of short lived tasks, there could be some value to this.

Even back then, on many machines and operating systems it's not like the whole world stopped when a process would not give up time slice. Things like mouse cursors, keyboard buffering, and often even some I/O were able to proceed because the hardware assisted in making that possible.

The thing is, I don't think going cooperative simplifies much.. you still have to handle concurrent access to shared resources, and re-entrancy etc. By the time you've made your operating system able to handle that (memory, VM subsystem, I/O, etc.) from multiple cores... you may as well just go implement timeslicing as well.