Well, I have to say that I have had my own FPGA cluster under development for some time. I originally designed it for hash breaking (such as MD5) but why not Bitcoin mining as well. The specification is quite a bit different than what has been proposed here. My design has one baseboard with an Atmel AVR USB-enabled microcontroller that handles all host communication and FPGAs communicate via I2C. The baseboard provides a JTAG chain and a 5V/5A power supply. If some slack conditions are met (i.e. I2C and JTAG voltage levels) then the system is completely agnostic to what is doing the actual processing. The mechanical layout is copied from Arduino, so that modules simply stack on top of each other.
Currently I am in the process of laying out the baseboard and after that I will probably do a simple Spartan-3E QFP processing unit. Sure, S3E sucks at mining BTC hashes but it's a start and you can later on develop more sophisticated units like S6LX150.
Summa summarum: I am hesitant to help with design that I disagree with (the design discussed in this thread). That and I know absolutely nothing about the TI MSP430. But I'll keep watching this space...