can someone ELI5 what this does?
Drop in replacement of a 68000 cpu using a raspberry pi and software emulation.It seems that the PI is plugged into the CPU socket of the Amiga. The software in the repository should be the emulator for the 68k CPU.
System emulators like WinUAE don't have to be perfectly accurate with their timing, you can frame skip and do other tricks to catch up lost time but you can't do that when interfacing with real hardware like this. If you don't get the timing right it will crash