FPGAs seem to be a great way to bring old machines to live again.
Question here as much I see from the first impression: How much will the system be C64 compatible? Since the C65 was never really released, there exists no real software for it and also the incorporated Basic V10 was incomplete. So the C64 emulation is what really counts. Of course it could be fun to play with a "16bit-6502" processor, but without or limited software the fun is rather limited.