So I think you should all stop whining about a few extra cycles spent on memory reads and realize that in terms of performance, the 68000 and the 68008 are two drops in the bathtub you get whenif buy a decent cell phone.
I know it may make you feel very clever to compare one-off hobby projects or any non-cellphone platform that contains an ARM chip to a cell phone, but it just comes across as ignorant. A smartphone is not a general purpose computer, even if its quad core and running at 1.6Ghz+.
When I read the OP, it made it seem as if this guy was going to do a production run of underpowered 8bit-ish "hobby" computers. I suppose if assembling one for the express purpose of saying you did is your thing, then all the power to you. What I find hilarious is that a one-off 8 bit hobby computer is able to have even basic network connectivity, where here in amigaland is only possible in an easy sense if you have an amiga with PCMCIA. While some may find projects like this inspiring, I just find them sad that we have no hardware guys able to shoehorn some easily available componentry into our miggys for a reasonable price (besides Jens, and I don't really consider his prices all that reasonable, even if his hardware is nice).
More and more it seems Amiga, if compared to comic books, is not the series you enjoy to read and dog ear your favorite pages, but more the series you buy off the shelf, stick in an acid free sleeve and bring out to sell later on when you need a new bathroom.