I've found a few of these traps in the Z-80, and they were placed very maliciously. The circuit appears reasonable and correct, but fails in subtle ways.
https://retrocomputing.stackexchange.com/questions/11143/in-... references "Zilog oral history" and poses the question, but there isn't a strong answer other than the link to the above.
The oral history document referenced is: http://archive.computerhistory.org/resources/access/text/201... . The discussion of traps begins on page 101.
This doesn't sound right to me. For one thing, the idea that you need to simulate analog effects in order to properly emulate an instruction cache sort of flies in the face of my (admittedly amateur) understanding of reasonable chip design. For another, that'd imply that the CMOS versions of the 68K function differently than the HMOS ones, and I can't find any indication of that. Finally, as far as I know the 68000 doesn't have an instruction cache!