> That allows the parallel execution of up to 8 instructions per cycle, even without register renaming

Though, PowerPC implementations (like the PowerPC 750) do have renaming of condition registers, which allows them to speculatively execute CR write instructions (though the PowerPC 750 can't speculatively read a CR, it can only speculate one branch at a time).

But I suspect other justification for renaming CRs, is that register renaming is actually how the PowerPC designs from that era handled hazard detection and result forwarding (and maybe why such designs only a few renaming registers, six GPRs and six FPRs on the 750)