Don't mean to diss you man, but you have no idea what you are talking about.
The HTC touch pro 2 which has a by now ANCIENT processor can run a few PSX games on full speed with no frame skipping.
I wish we had something like FPSECE for Maemo 5. I mean, with an excellent architecture and an open source OS, a PSX emu is absolutely possible. Just a matter of optimization and utilizing the GPU for further acceleration.
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