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Migrating from TMS320C50 to C5506

Redesigning a TMS320C50PQ board and I want to change it with the least redesign possible to avoid obsolescence in 8-10 years.  The recommended replacement is the C5506.  My C50 is programmed in Assembly language, so low level compatibility is the key factor in moving to a new DSP.

What major and minor hurdles will I face in the migration to the C5506?

Thanks.