* The architecture is already 32 bit.
* There are FPGA reimplementations, including a range of boards from different people, and open source designs (the Minimig) that people have produced working machines from.
* There's been a variety of work on producing more advanced versions of the cores, employing more modern design features.
* The M68k family has MMU support.
* There are Linux ports for M68k, as well as a number of other OS's.
Looking at his Google Plus ports, which includes various ancient hardware as well as a variety of old emulators, I think the retro appeal is more relevant.