The problem is the content. There is no 32-bit 68k CPU core, FPU or MMU (yet) to program into it.
Add to that the price of the FPGA (at least 2x as expensive as real 68060 for something that might be able to match performance).
Only a matter of time. Besides, if someone were to design such a board, would the core not be a part of that design?
I think it's a neat idea. Perhaps moreso for bigboxes than keyboardboxes because as others have said, I'd want all sorts of modern ports, audio and graphics on the thing as well. But I wouldn't stop there, as an FPGA would make a fantastic bridge to a true CPU accelerator, such as to some industry standard PowerPC module, as a secondary mode. It could do either job. I wouldn't have it do both at the same time though.