On the other hand there was very little Commodore could have done to survive. Even if they took the money spent on beer and chips and put it into the Amiga it's hard to see them surviving. The 90's were converging on the PC. Custom chips on the motherboard were giving way to generic graphics cards which could be replaced. Window 95 was the final nail in the coffin. I remember an Amiga user's group meeting on the Windows 95 release day, the speaker was trashing Windows 95 right and left, and I knew the sun had set on C= and the Amiga.
Of course the time with custom chips had to come to an end. The Apple way was the way to go; Power PC (during the 90's and later x86 around '05) and PC parts but with a much more efficient Amiga OS than Mac OS and Windows 9x.
In the 80's the Amigas number one feature was the custom chips.
In the 90's the Amigas number one feature was the OS. Remember that Windows (1, 2, 3, 9x, not counting NT) was a toy before Windows 2000.
Regarding Windows it got more bloated for every version up until Vista, now it's actually getting more efficient for every version (7 and

. That should be something that Amiga users like.