As I said, final result will be better than 060 CPU, (it is already faster) but maybe you are thinking about previous Vampire v1 which was more of a 020 implementation (TG68.c). It is also true that initially, the Vampire 600V2 was going to have a similar TG68.c softcore in the FPGA.. Meaning ~020 CPU, so it is understandable that you might have seen this info.
However, something happened one day when Majsta contacted BigGun (Gunnar von Boehn) and asked for advice how to add better caches to the current TG68.c design. What happened next, transformed the entire project into something bigger. BigGun explained that the 020 isnt really designed to use large caches and offered instead his own softcore (Apollo-core). In order to fit it into Majstas chosen FPGA however, they needed to do a cut down version of the core, because it wouldnt fit in the FPGA Majsta initially chose for the V2. Further discussions led to the redesign of the Vampire board to use a much more capable, but still affordable FPGA, namely the Altera Cyclone III.
Cyclone III can easily fit the entire Apollo-core CPU, but not only that, there's "room" for more. So stuff was added.. Stuff like HDMI, Picasso 96 etc.. And of course the memory was doubled from 64 to 128MB. In the future, apart from the SD card support, Super AGA will be developed further allowing A600 to play AGA games, not only RTG.. Also, 16-bit sound with output over HDMI is on the to-do list. So as you can see, this went from a modest upgrade of the Vampire V1 to a revolutionary product that takes the 68k Amigas to a new level. These are good times for reviving the 68k scene and continuing to ignore the PPC Amiga path ;-)

