In this paper we revisit the FPGA architectural issue of the effect of logic block functionality on FPGA performance and density. In particular, in the context of lookup table, cluster-based island-style FPGAs [4] we look at the effect of lookup table (LUT) size and cluster size (number of LUTs per cluster) on the speed and logic density of an FPGA. Although this question was addressed some time ago in [17] [18] [12] [13] [10] and [22], several reasons compelled us to revisit the issue. First, prior work focused on non-clustered logic blocks, which are known to have a significant impact on the area and delay [16]. Second, most prior studies tended to look at area or delay, but not both as we will here. Third, prior results were based on IC process generations that are several factors larger than current process generations, and so do not take deep-submicron electrical effects into account. In the present work, we perform detailed spice-level simulations of circuits and perform appropr...