Hi M
ichelle
Yes, it is still has the Z80's 16-bit direct address register limitations. However, it includes a memory management unit supporting 1MB of physical memory space. The MMU allows parts of the physical memory to paged into the 16-bit address range. So, in terms of memory, it is rather like the RC2014 Z80 CPU module plus an RC2014 1MB (512+512) memory module.
The Z8S180 CPU also includes two asynchronous serial ports, a clocked serial port, interrupt controller, two timers, and two DMA channels. As a result of all these built in features it is relatively easy to build a sophisticated 8-bit system with far fewer components than a system based on a Z80 CPU.
Have a look at SC722 and SC721 for a modular Z180 system which can work with many RC2014 compatible modules.
As always with retro systems: How retro do you want it?
Steve