> my crystal ball shows that eventually, in the far, far distant future, MorphOS
> will end up on x64 hardware running via emulation like WinUAE, but with
> PPC JIT translation or a virtual machine of some kind.

There're already ambitions to achieve exactly that:

https://morph.zone/modules/newbb_plus/viewtopic.php?topic_id=7289&forum=3&post_id=82389#82389

So far it seems the MorphOS Team is resisting this idea.