Of course it is, if you actually design stuff. The clbs in an Efinix chip are 4-input LUTs, so you can do any weird 4-input logic function with the same near-zero delay. I tested that on a proto board; adding some logic doesn't noticably affect pin-pin delay. The delay seems to be dominated by io cells.
I just added an extra-cost feature to a pulse generator box, based on the behavior of the 4-input LUTs.
Try digikey for efinix chips. Lots of them.
Yes, there are lots of cheap FPGAs around. Which do you use?
John Larkin Highland Tech Glen Canyon Design Center Lunatic Fringe Electronics