Let $L^t=DSPACE[O(\log n)^t]$, $NL^t=NSPACE[O(\log n)^t]$ and $UL^t=USPACE[O(\log n)^t$.
Savitch provides $NL\subseteq L^{2}$.
If $CH=UL$ we clearly got rid of the transitive closure bottleneck problem as matrix powering is in $UL$ and therefore if $CH=UL$ would $L=UL$ or $NC^1=UL$ (if $CH=UL=RL$ the belief would be $CH=L$) be still difficult to demonstrate given $UL=CH$ implies $L\subseteq RL\subseteq BPL\subseteq NL=UL=CH$ which is a $LOGSPACE$ strengthening of Sipser-Gacs' $BPP\in\Sigma_2^P\cap\Pi_2^P$ (would there be any barriers?)?
$PL$ counts if majority of paths in undirected graph is accepting and $\oplus L$ counts if parity of accepting paths in undirected graph is odd.
Perhaps if $PL=\oplus L=UL$ there is a reduction from counting paths in undirected graphs to identifying if there is a path in an undirected graph having $0/1$ paths which would provide $L=CH$ if $UL=CH$?