Wasn't the only compiler that produced code worth anything for Itanium the paid one from Intel? I seem to recall complaining about it on the GCC lists.
Intel first publicly mentioned Poulson all the way back in 2005 just FOUR years after the original chip was launched. Poulson was basically a traditional out-of-order CPU core that even had hyperthreading[0]. They knew really early on that the designs just weren't that good. This shouldn't have been a surprise to Intel as they'd already made a VLIW CPU in the 90s (i860) that failed spectacularly.
https://en.wikipedia.org/wiki/Explicitly_parallel_instructio...