Wait.. Do we not like NAT now??
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Well... I still like IPv6 better than ATM and those darn virtual circuit identifiers.
Another Technical Mistake
Hah. But to be fair, ATM did have a specific use that it worked great for. That is the move to digital voice circuits. The small fixed cell size and built in QoS meant that if you had a fixed line size you could fit X voice channels, and they would all be extremely low latency and share the bandwidth fairly. You didn't need to buffer beyond one cell of data and you didn't need to include overhead beyond the cell headers.
ATM was designed to handle the "future" or digital network needs. But, the immediate use was about voice frames and that likely dictated a lot of the design I'd expect.
I would love to start using ipv6 but my ISP decided that their devices won't support prefix delegation because "nobody uses ipv6 and nothing works with it"