Wait, wasn't it the other way around? I might be mistaken but wasn't one of the problems with PowerPC that it only really had a TLB and the kernel had to walk the page tables in software?
Afaik on x86 the page fault handler is only called when a page isn't marked present, so that one can allocate a new page/load the page from mass storage, but apart from that walking the page tables is done in hardware.
Has been a while since I've only really dabbled in 32-bit protected mode a decade or so ago so I might be misremembering.