Rust feels like totally missing the sweet spot for me. It's way too pedantic about low level stuff for writing higher level applications, but way too complicated for embedded or writing an OS. In the former case I would rather take a C++, Java, Haskell, OCaml or even Go, and maybe sprinkle some C, and in the latter case C in macroassembly mode is far more suitable.
I still have a feeling that original vision of Graydon Hoare (i.e. OCaml/SML with linear types, GC, stack allocations, green threads and CPS) would be a much better language.