Totally agree with you on the native hardware front. I've got an Iyonix and would love the option of a faster version but crucially I would also say that we need the software to take advantage of that faster speed. There have been a couple pof faster processors mentioned before including one from Intel.
In Replay to Killermike
What i would advocate is a linux kernal that boots up a basic system and ARM Processor emulator and then fires up RISC OS. That way we can get to use off the shelf components. Perhaps specially adapted versions of RISC OS software could then run virtualulised versions of native Linux applications for the items we miss.
All of this of course won't happen if people don't carry on buying RISC OS native hardware or software.