It all depends on price and density. I dont think "combo" solutions will last long, if they even get to appear in the consumer space. With HMC/HBM2/HBM3 you can easily add 8-16GB. And since mobile is king, why even use DDR4 to begin with. We already see a lot of laptop manufactors soldering the memory while using more expensive LPDDR.
Fixed memory sizes for anything but server CPUs is coming fast.
For once I agree wholeheartedly with you. I do not see the point in system RAM using DDR4 when a single HBM gen 2 stack with a 1024 bit wide bus can provide 8 GB with a 8Hi stack by H2 2016. This is how Pascal GP100 will get to 32 GB with a 4096 bit bus and 4 HBM gen 2 (8 Hi) stacks each of 8 GB capacity.
For atleast a mainstream gaming notebook using a Zen APU with HBM gen 2 I don't see the need for more than 8 GB unified memory in 2017. We will see higher density HBM stacks as time goes by. HBM is a JEDEC standard which is expected to have a long life and capacities of upto 32 GB per single HBM stack in future generations.
http://www.cs.utah.edu/thememoryforum/mike.pdf
The average PC user definitely including mainstream gamer is not going to need more than 8GB in the near future and definitely 32 GB through future versions of HBM is more than enough for a long long time. There is a host of advantages in eliminating DDR4 -
1.) Reduction in system power as all memory is on interposer so no need for driving I/O through motherboard saving power.
2.) Motherboard size and form factor reductions - Imagine a PC in a card which resembles something Jen Hsun Huang had in his hand.
http://wccftech.com/nvidia-generation-pascal-gpu-feature-3d-stacked-memory-nvlink-1-tbs-bandwith/
3.) Exciting new notebook and desktop form factors.
Other than the hardcore high end enthusiast gamer who wants a ton of PCI-E 16x slots for multi GPU gaming and a high end server CPU in a desktop version the vast majority will be perfectly satisifed with a integrated solution which works very well for their needs. In summary other than servers, high end workstations and high end enthusiast gaming PCs there is no need for system RAM other than APUs or SoCs with unified HBM memory.