Welcome back to the Amiga community! Looks like you've already got a pretty good A1200 there, it's just missing an Indivision flicker fixer, Subway USB card and maybe a 8GB CF drive, a PCMCIA ethernet card and a Playstation controller adapter. :p But hey, there's still plenty you can do with 8MB RAM.
Have you tried Aros yet? It runs on a PC, but they have also nearly finished porting it back to 68k so it'll run on your 060 and provide a more modern Amiga OS than Workbench 3.