> However you also wouldn’t be able run use select! in a while loop and try to acquire the same lock (or read from the same channel) without losing your position in the queue.

No, just have select!() on a bunch of owned Futures return the futures that weren't selected instead of dropping them. Then you don't lose state. Yes, this is awkward, but it's the only logically coherent way. There is probably some macro voodoo that makes it ergonomic. But even this doesn't fix the root cause because dropping an owned Future isn't guaranteed to cancel it cleanly.

For the real root cause: https://news.ycombinator.com/item?id=45777234