I'm guessing there is a 3rd way, which is what MorphOS finally did in supporting 2nd hand PPC Macs.
I agree!
You can get HW for $50-$350 depending on what you need and want. Support for Mac Mini is here today, support for PowerMac is close, and after that follows (probably) the PowerBook support. Desktop to Laptop, via the Mini.
A Mac Mini 1.4 GHz is about 2x as fast as a Pegasos2 in some areas. And you can get it from everywhere.
A little late IMO, but better now than never.
They obviously focused on getting a full MorphOS 2.0 out. Then they had to deliver the Efika 5200B port (which they could have done much earlier, based on some 1.4.x version, but this is how it was played out).
This is not a solution for world domination, but give retro hobbyist something nice to play with at a dirt cheap price. Hyperion taking this route with OS4 would have made more sense to me.
If either the MorphOS team or Hyperion really want to take a run at mainstream, I don't see any other option than x86.
I agree:
http://www.morphzone.org/modules/newbb_plus/viewtopic.php?forum=11&topic_id=6684&sortname=&sortorder=&sortdays=&viewmode=flat&order=0&start=171