so the games wont run at all except for some 3d games?
I don't know what the solutions are like for 1200, but some Zorro RTG cards have a pass-through where you can run flicker-fixed VGA output from the chipset in and use both video sources on one monitor.
As for RTG in general, I've been using it for a couple months now, and I have to say I'm impressed by how zippy it is (granted, I am using a Z3 RTG card.) If you do any kind of serious stuff on your Amiga it's a vast improvement, and it would enable you to play a variety of homebrew games. Certainly a lot worse things to be spending your money on!