Amiga reloaded was announced over 2 years ago at Amiga 30 Amsterdam and still all we have seen is a wiki page of potential specifications. Vampire V4 was announced, what 3 days ago with images of the standalone/500 version and target availability of Q4 this year. With reloaded you'll need to add a amiga doner case, keyboard and mouse, accelerator and if you want features of the V4 like USB and Ethernet you'll need to buy those as well, you may need a DVI to HDMI adaptor. Of course you'll miss out on the power of the Apollo Core and enhanced audio. But if you just want a new A1200 like machine then the reloaded will be fine I expect.