Note that x86-64 has no such feature, and requires pointers to be in the canonical form I explained in my previous comment (sorry however for being overly x86-centric in that comment).
Moreover even on ARM/RISC-V the primary reason this feature was added was to use memory tagging to track allocations and detect out-of-bound-access/use-after-free bugs. Exposing those top bits for other usecases will make your language incompatible with that detection mechanism (possibly triggering false-positives in it)
> basically you tell the hardware to ignore the top N bits, even if they are part of the virtual address
You can ignore the top N bits even manually by masking the pointer. The issue arises if you ever get a pointer whose top N bits actually matter (i.e. if masking them off produces a pointer to a different address). If you don't have the guarantee that this will never happen then your pointer masking it wrong.
I think all your points are answered by the background section of the RISC-V pointer masking extension spec:
> Doing this without hardware support introduces significant overheads since the pointer tag needs to be manually removed for every conventional memory operation. Pointer masking support reduces these overheads.
> It is worth mentioning that while HWASAN is the primary use-case for the current pointer masking extension, a number of other hardware/software features may be implemented leveraging Pointer Masking. Some of these use cases include sandboxing, object type checks and garbage collection bits in runtime systems.
Moreover even on ARM/RISC-V the primary reason this feature was added was to use memory tagging to track allocations and detect out-of-bound-access/use-after-free bugs. Exposing those top bits for other usecases will make your language incompatible with that detection mechanism (possibly triggering false-positives in it)
> basically you tell the hardware to ignore the top N bits, even if they are part of the virtual address
You can ignore the top N bits even manually by masking the pointer. The issue arises if you ever get a pointer whose top N bits actually matter (i.e. if masking them off produces a pointer to a different address). If you don't have the guarantee that this will never happen then your pointer masking it wrong.