I am building my own FPGA rig and after a detailed analysis of all current algorithms, I can say that all algorithms will soon be mined by ASIC/FPGA except equihash and ethash. Equihash will fall to ASIC's in about 6 years when we can get 144MB of SRAM on a single chip. Ethash will not fall to ASICs ever, in my opinion. The 2GB scratchpad is just too big.
Cryptonight and Cryptonight-Lite are mildly ASIC resistant. This means that even a dedicated unit like the Giant-N cannot 'crush' GPU's. It can beat them marginally in terms of ROI. But for other coins, ASICs crush the GPU's by hundreds of times.
Eric
Thats is very interesting can we talk more about this on PM