gamerk316 :
From a cost/integration standpoint, sure. But keep in mind, that all takes die space, and makes thermals a challenge. You can't continue to assume the transistor will continue to shrink anymore. I'm also worried about upgradability. In theory, more stuff on the CPU is plenty of justification for more expensive CPU's, making upgrading more expensive.
I just noticed AMD still makes their FCH/SB at 65nm. They'll be a lot smaller with 28nm tech.