Oh and for ARM emulation of 68k, it's a nice idea but will wreck cycle accurency and lock-step.
When you add any accelerator to an Amiga then cycle accuracy is no longer possible. The point is to make it run quicker than any 68k Amiga ever made. Most software won't care & if it does then it's most likely broken. It's not like the c64 where the processor is in complete synchronisation with the vic and sid.
Using one of intels new low power processors would be interesting too (like the atom). The choice should be made on whichever gets the most performance for the price (within reasonable price limits of course). AFAIK they are all little endian, so some performance would be lost in the conversion either way. Although ARM is 3ghz, that doesn't really mean anything. Instruction throughput is what you need to consider, it's entirely possible that a 1.5ghz processor can beat a 3ghz processor depending on their design (the p3 vs p4 came close).
I have had a similar idea for a while and would be prepared to put some time into the software side.