> will MorphOS be released for this thing or not is all I want to know.

So far I've not come across any indication that the responsible MorphOS team members changed their minds regarding X5000 support in MorphOS 3.10. But as always, we won't know for sure before it's actually released.

> if 4.1FE runs classic stuff as well as I hear it does

It does with basically the same limitations as MorphOS.