the only strange thing about "Amiga" is that projects fade away silently without any comment. If they had announced after one or two months that redesigning the board is too much and that they drop the project because of that, (almost) everybody would have understand that. But this announcing sensations and then disappearing without any comment is not a very good style (and i can remember a couple of hardware projects where this happened in the last two years alone including one guy who promised lots of hardware developments or another one who had "rewritten" AROS 68k and run it on Coldfire secret board). Sometimes it is getting silly...
The PowerPC UAE JIT project might make powerpc chip not totally useless, at least you be able to run 680x0 software really fast, but it won't give you AmigaOS4.x support, nor will you be able to run WarpUP/PowerUP, maybe you can run Linux on it.
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OlafS25 
