A small glimmer of hope
There is a bit of a revival in progress on the "Classic" (680x0-based) Amiga scene. One of the reasons for the Amiga's demise was Motorola's end-of-the-line and quite expensive 68060. It was reasonably competitive with Intel chips at the time but was soon eclipsed. Amiga had lost the performance edge.
To me the most exciting part of this revival is the emerging development of a new "Apollo" next-generation 680x0 core currently in FPGA. This is being developed by a brilliant (yes brilliant!) team of designers who have spent years quietly working on a true successor to the 68K lineage. They have chosen the "68080" name and it does make sense.
There is another project in the works (Amiga Reloaded) that is another FPGA-based attempt at updating the Amiga hardware platform. Unfortunately I know less about that one but it also looks promising.
The Apollo 68080 core is being provided on a series of "Vampire" accelerator cards for classic Amiga models. The first version out is the for the Amiga 600. Upcoming versions will cover more of the classic Amiga models. Also coming in the near future is a stand-alone model. These are also ongoing discussions with the Atari community.
With all this new 68K-based hardware coming out Hyperion has appeared to realize there is a potential market for an updated "Classic" Amiga OS 3 distribution. They have taken their first baby-steps with this first update to the 3.1 system.
Some may criticize Hyperion for some historic odd behaviour but I believe we are seeing a more humble and open Hyperion. These have been some recent management changes and hopefully they result in a more logical organization.
Here are some links for more information on the Apollo core and Vampire accelerators:
wiki: http://apollo-accelerators.com/wiki/doku.php
forum: http://www.apollo-core.com/knowledge.php?b=0