Holy reimplementation Batman!
Though I would have no interest in one of those joystick things, I do see the possibilities in doing such a thing. Look at how many of those C64-sticks they sold, the revenue from that sort of thing with an Amiga-stick could be used to develop Clone-A further, incorporating ECS, AGA and perhaps further enhancements.
I doubt anything like AAA-compatibility would be doable, mainly since no programs exist for it and the (unfinished) designs are probably in Dave Haynies basement or something but maybe something along the lines of AAA in terms of technical specs.