Re: 12V is rather unsuitable for 500 odd Watts anyway
Perhaps, but the price of the new standard of PSU would eventually come down, since they no longer have to do the rather difficult job of delivering stable, ripple-free power at 12V 80 odd Amps, without any sense wires etc.
There is so much power electronics already on modern motherboards and GPUs, that the responsibility for power conditioning has already shifted away from the PSU. Power for SSDs etc could come from the motherboard, after all they don't draw much more than a USB port. We could dispense with most of the wires on an ATX connector and have a single 48V rail for GPU and CPUs. We could then move to DC supply for IT, and datacentre servers might not need PSU boxes at all, except for a bit of filtering.
ATX is a dinosaur that dates back to 80s IBM boxen..