Hi rickrob,
I've the same card (original Mac286 AST card, two cards linked up), and wondering what I could do with it as well! Confirming it needs 24 bit addressing and < OS 7.1, so not a good choice for a nubus PPC but might be of merit in a lowly '030 (or Mac II). Of course if you put it in anything faster, you could probably emulate x86 faster with more RAM and colour support. It's a fairly limited card, but cool for oddity's sake.
JB