More than 2 times faster than the MOnSter 6502 (and that one doesn't do VGA and 4 channels of sound at the same time)
With a bit of luck, the cc65 C compiler can be retargeted for the platform at some point. Any advice from forum members is welcome, given the deviations described in the first post.
One application can be to write (part of) Gigatron applications in v6502 code. It is not as fast as the default 16-bit interpreter (less bang per buck), but the code can be more compact. Also, the implicit processing done by the addressing mode decoding still represents quite some value, if utilised for the right applications.
[Edit] Another idea is interactive programming with VTL02.