ware emulation.
While I expect to see some really cool stuff in FPGAs, I don't agree with that limitation. I still do not see an FPG-Amiga shaped like a laptop for convenient portability or using wherever in my house that I feel like sitting just then. FPGA boards still would tether me to a desk in a particular room, which has been a large hinderance to my Amiga-ing for several years now. Software emulation still has a good place to be.
I think it's interesting to dedicate a PC-as-a-console to this task on the TV. While I already have an HTPC, it has other tasks to be doing (file server, mythtv, etc) than dedication to games as this sounds. I'm interested to learn more about this.