Yes, that is more or less true, the problem you would run into is communication between cores. When you have lots of cores you run into problems if they all wan

Yes, that is more or less true, the problem you would run into is communication between cores. When you have lots of cores you run into problems if they all want to talk to the same memories. If they were could all run more or less independently there is no real issues. The reason I list LUT4s, is newer chips have ALMs which is definitely apples to oranges. Also there Cyclone IV chips with much more than 22K LUTs.