if i was going to do this project i will use a 68040v ( 3.3v ) to reduce heat.
I think that's not feasible. The complete circuitry of the A3640 was probably build for 5V only. My guess is (but I'm not an expert) that you'd have to build a voltage regulator for many pins on the processor, both power and data.
On the other hand; please surprise us with a nice project to prove me being wrong!