Ouch, well i've never worked with firewire at this level before but here are some maybe helpful thoughts:
I read through the TI PHY datasheet that you linked, it looks like its designed to work with the TI Link Layer Controllers. Have you considered just using such a part rather than trying to implement its functionality from scratch?
Also the PHY <-> LLC link runs at full firewire speed, which for 400mbps and an 8bit link is ~50Mhz, the camera may let you get away with running the link much slower, maybe not. Point being you can't just take the pins of that PHY, blue wire them into the FPGA pins and expect a remotely functional or stable connection. You'll very likely have major signal integrity issues.
It looks like the LLC's from TI come in various configurations, some with rather simple, generic 8/16 bit microcontroller style interfaces which should be easy to implement. You can probably find verilog blocks for such an interface freely available. These links would still need to be fast, ~50Mhz so you'll still have the signal integrity issue. You could run it slower i guess but if the data feed overruns the FIFO in the LLC your SOL.
Once your done with the physical interface you still have an entire firewire driver stack to implement, i guess you'd have to do this in the DSP? Or put a small soft core into the FPGA to handle this work?
What I would really do is tell them they are crazy for forcing a firewire interface for something of this size/capabilities. Its going to take a significant amount of resources to build the firewire interface for no gain since you'll never use anywhere near its bandwidth.
If that fails, I'd try something like this which is a single part with the firewire PHY.LLC and an ARM7 core in a single chip. It offers a parallel data bus to get the information into the FPGA. This way you write the firewire driver to support communications to the camera and plunk it in the ARM7 core and all that has to get transfered to the FPGA are the raw images, no overhead work in the FPGA. You still need to carefully design a PCB for this, your still dealing with a very high speed firewire bus.
EDIT:
At 100MBit/s the firewire bus runs at 100MHZ so you have to deal with moving 100MHZ differential signals from the PHY to the firewire connector. On the PHY<->LLC<->FPGA side: I wouldn't personally try to breadboard a 13MHZ parallel data bus, it may be possible if your careful.
The critical issue for signal integrity is the rise/fall time of the signal, not its clock rate. High clock rate usually means faster rise/fall times but sometimes if you use a transceiver thats designed to run at high frequency at lower frequencies it doesn't actually slow down the rise/fall times.
If the wire carrying the signal is longer than:
Tr/(2*Td) with
Tr = the signal rise time at the source and
Td = the propagation delay per unit length of the wire/cable you are using.
Then you need to consider transmission line effects. You'll have to deal with reflections in the wire which will cause all sorts of junk on the line.
You also need to be careful to make sure all the wires of a parallel bus are the same length with the tolerance for variation depending on the clock frequency of the bus.
Is this thing really going to end up in an UAV/RC aircraft? If so you've got to deal with vibrations and G forces as well.
No fundamental reason why not. Synchronous SRAM is truly random access, fairly inexpensive, and easy to interface to.
Its downside in that it occupies a fairly narrow niche between the on-chip BlockRam (not much smaller, free until it forces you to select a larger chip, massively parallel and more flexible) and external DRAM (massive storage capacity at a price SSRAM can't match).
So up to 0.5 or 1MB, external SSRAM is unnecessary, and above 8MB or 16MB (numbers may vary according to your budget and current prices!), SSRAM becomes expensive enough that DRAM takes over despite its limits.
Then - if you need random access - you have to massively reorganise the computation to read chunks (bursts or pages) from DRAM into BlockRam where you can process it fast before writing back bursts etc....
But if you have a role for SSRAM within that window, go for it. I have added simple home-made SSRAM boards to augment commercial FPGA platforms where necessary.
Best Answer
Cyclone V pins are configurable for numerous different standards. Look into Cyclone V Device Handbook Vol.1 in chapter 5. Specifially, JEDEC Standard JESD8-5 (that is "2.5V low voltage CMOS") is supported.
From the De1-SOC-Schematics (download CD.zip from Terasic) you can see, that all banks have \$VCC_{IO}=3.3V\$ (except the HPS-banks which use \$1.5V\$). Pins on these banks will correctly detect 2.5V CMOS input (see "I/O Standards Voltage Levels"), but they will not be able to generate 2.5V output.
In general, Alteras Device Handbook (at least Vol.1) is a recommended read, if you want to put your board to use.