I don't think PPC is dead at all... IBM made a lot of money selling PPC based servers, and it still make money with that... Power 7 is around the bend, and it will catch up with Intel and AMD again. PPC's are cheaper to produce than any X86 architecture...
EVEN, XBOX360, Wii and PS3 do use PPC, and that's nothing new. I bet they will be using PPC still on their next gen consoles. So PPC is not dead at all. If you don't like "fresh air" on the PPC scene, just stick up with windoze and the X86 shit.
PS3 uses the Cell processor which is highly unsuitable for an OS, it's really not going to excel in that environment. The 360s CPU is a good choice though, as obviously there is a huge volume being produced...however when the 360 is canned in 2010/11 what then? Back to expensive CPU costs for us all.
End of the day it would be nice to have something else to run OS4 on, but even then it's not a real Amiga with custom chips with ladies names lol.
One thing to remember is...Windows <> x86 ....the fact Windows runs on 95% of x86 machines AND IS A PoS is not the fault of x86. A top end i7 based PC is a very powerful piece of technology....until you put Vista or worse still that amateur hour looking Win7 crap on there that is...THEN it becomes a PoS holistically speaking

PS There is nothing stopping Amiga Inc porting OS4 to x86....apart from their own lack of vision and incompetence that is haha