The waking world is a dream, a hallucination, a realtime symbolic cognitive model of our surroundings correlated with patterns of nerve impulses from our sensory organs.
I think the Mister is cool and all, but honestly I have seen some video's exploring the difference between hardware and software emulation and the advantages of both.... I would pick software over FPGA, wouldn't mind some sort of hybrid approach but I can only imagine how complex that would be and how expensive.