and if an indivision ever gets designed and built for OCS/ECS machines (500/600/2000/3000), the chipram bandwidth will limit the screemode resolution, so you won't get the 1024x768 or 1280x1024 like on AGA machines... well, maybe on the 3000 but not for the A500...
but then i wouldn't really worry about it, as an indivision will only be for plugging an OCS/ECS amiga into a modern display anyway :-)
and demos... lots of AGA demos... but then lots of OCS/ECS demos too. hmmm. there is a remote desktop client that is AGA/GFX card only. otherwise. can't think of much else. a couple of AGA only games, but you're not missing too much.
the only real advantages of a 1200 over 500, come from expandability.
a built in hard disk controller, and "relative" ease of finding accelerator cards, and using PCMCIA devices like network cards, and compactflash readers. plus the 1200 is garenteed to be a minimum of OS3.0 so pretty much all modern amiga software is garenteed to work.