DCs operate at 3600 RPM; routers at 10,000->25,000 RPM; turbochargers at ~20,000->200,000 RPM; turbine engines at 10,000->500,000 RPM. All move air by means of 'impellers'.
I'd think Heath's motor would work just as well as any other motor, IF it's operated within its design envelope. As several have pointed out, this is at rather higher speeds than a typical 3600 RPM motor on a typical direct-drive blower impeller. Squirrel cage fans are designed for even lower RPM, suitable high-volume, low pressure work, but payback is that they are whisper-quite (relatively). However, if one were to spend the time and resources to spec, locate, and purchase an impeller that matches the router motor's RPM, peak power, and duty cycle, there is no reason it wouldn't function.
I use 'function' intentionally - - to mean it wouldn't fail prematurely and it would move air. How much CFM @ SP? I have no idea. Suitable for a dust collector? See Dyson ads. Easy to build? teehee, teehee ...Maybe not, but it would be fun to try.
Lots of things are possible for those who dream, even if they have to make-do with less than ideal equipment.
Heath, good luck and post how it turns out!