AROS/m68k executeables contain m68k code, so MorphOS could run that code.

AROS/m68k executeables are usually in hunk format, so MorphOS could load them into memory and jump to the beginning.

But as soon as the code jumps to libraries it will only work as long as those libraries are there in MorphOS (AROS posixc.library won't be for example) and as long as the AROS executeable does not call any AROS specific LVOs.

So for any even slightly complex program.. it won't work.