@Thread O/T - "This is just too fun!"
An FPGA is a real physical CPU - with the exception on how the logic gates are implemented they are fundamentally identical in process.
I ask this question, I design a completely different revolutionary processor, I implement this NEW processor into an FPGA and then move it onto an ASIC ... is the ASIC emulating my FPGA implementation since that came first?
I think matthey has come the closest by saying that an FPGA is a simulation, but that only exists when in comparison, what happens if its not?
Interesting... very interesting discussion.