Or the industry might learn the age old science of LOP operation, and then step boldly forward to the 1950's
Absolutely
But that's wot the modern diesels do ...
It's going to take Lycoming to come on board though before LOP becomes accepted.
Already with the rising costs of fuel, the instrumentation (and injectors) that make LOP safe and viable are becoming economically attractive.
Now all that needs to be done is to dispell the myth that the "engines will run too hot"