Intel OS X does NOT emulate a 68K. It's emulation of PPC is a bit dodgy at times, somethings just lock the system, others don't run. On the other hand you don't need to emulate PPC on an Intel Amiga anyway.
As for waiting for OS5, well I'm waiting for monkeys to fly out of a certain orafice too, and I think there's probably a better chance of that. How long have we been waiting for OS4? And even when OS4 is available you can't run it on $100 surplus Mac equpment, you have to run it on $800 AmigaOne equipment that has the same specs as $100 surplus Mac equipment!