The experience then I would guess is that software will crash rather than, for example, read bad data from the wrong address space. A feature user space apps get from virtual memory (if it’s outside their processes memory space that is).
Did I get this right? Also, it should help Rust just as much, especially in unsafe code regions.
Yes, if you attempt to access outside the bounds of a capability you will deterministically crash. This is true even if you do have virtual memory and there is memory there.
Yes, the use of CHERI to protect unsafe code in memory-safe languages like Rust is of interest to us. There is also the possibility of being able to remove some of the compiler-generated bounds checks by using the capability bounds instead, though some care is needed to preserve the precise semantics (but some may also be happy to slightly change the semantics if it means they can all be removed and potentially improve performance).