Meltdown can be mitigated by using HVM/PVH. If you look at the XSA, they also 
have prepared PV-in-PVH mode that mitigates it also for PVs. (This probably 
won't work for CPUs without VT-x/AMD-v, but those are rare today. It also 
probably won't work for VMs with PCI devices if system does not support IOMMU 
(AKA VT-d), but in this case, you are already doomed due to DMA attacks.) So, 
Meltdown seems to be easily mitigated, it is just matter of time.

It seems that PV-in-PVH is going to fix some other issues. IIUC, it should 
mitigate all PV-specific vulnerabilities and even bring PVH for stubdoms, which 
sounds as a nice side effect of Meltdown fix.

Spectre is harder to mitigate and you might need microcode update.

Regards,
Vít Šesták 'v6ak'

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