Surely you're joking. Privilege separation [1] is a thing for a reason.
If we believed that putting different things into the same address space made them more secure, then why stop there? Why not just put the kernel, the shell, X11, your HTTP server, and everything else into the same address space? Let's just do away with processes -- let all schedulable units be threads that can all read and write to each other's memory, because what could possibly go wrong? /s