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EPROM? Man you are an old school. No one uses EPROM anymore. It's way too slow and it's expensive. Everything now days use FLASH for non volatile storage. It's much cheaper and has much higher cycle rate, in the order of 100x or so.
For something like what you proposed, you are probably better off with either DSP or XILINX. It's programmable and with FLASH to keep the code it's easy to produce. Only thing is it will not be cheap.
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Ok eben take it easy on this old man.....Lets do it!!!!!