The only successful VLIW architectures run JIT compilers on an existing ISA. Transmeta did this for x86 but Intel brought them to court them which gave Intel time to release superior chips (through superior manufacturing). The other example is Nvidia's Project Denver.
A very debatable level of "successful" on that. It shipped in a product, yes, but it wasn't very good either. It ran ARM code, but not very well, and was a horrible nightmare to work on. The JIT'd aspect completely breaks profilers. ie, what do you mean this simple field access took 20ms?? Oh, because the CPU wasn't running my code, it just silently went out to lunch to JIT some random shit, cool, thanks. There's then also the questionable security design of a globally read/write/executable chunk of memory where security is "enforced" by the JIT which is a complex bit of microcode, totally nothing can go wrong there...
It's only noteworthy "feature" was that it was able to ship ARMv8 support before ARM had a proper ARMv8 CPU design. Time to market for a new ISA was fast, but that's about it.
Project Denver lives on in NVIDIA's Carmel cores shipping in Tegra 194 (Xavier) chips today. Though they seem to be giving up on it, as they'll be using Cortex "Hercules" A78 cores in the successor named Orin.
