butterflylabs is advertising a different FPGA/ASIC, but I don't think it is in production yet.
Sounds interesting will have to look for that.
EDIT: Oh, in the US, your depreciation schedule is dependent on the type of equipment. Electronics I think is 5 years by the straight-line method. I would be very surprised if the IRS will account for changes in difficulty for the depreciation, but please let me know what your CPA says. You can also take a section 179 to write off all of it in a year if you qualify.
Don't do my own taxes now but I thought it was shorter than 5 years. There may be some creative searching needed to find the correct characterization of the mining hardware losses due to increase in difficulty. I'm trying to think of an analog in another field. Hmm, the IRS pays mileage and part of that is wear/tear. It may require a special case. A craftsman can depreciate tools that are required for their trade.
They key issue for bitcoin miner hardware is how fast and by how much can the HW be depreciated. It would have to be coupled to increase in difficulty of course.