Source: here. Translate with Babelfish from spanish to english.
I like babelfish ends up with stuff like this:
"P: That romsets uses the emulator?
R: The officials of SUCK. "
So apparently it works but has a few glitches but will be released later when they decide it is ready. They run Third Strike at 350/400FPS on a 3.2GHz processor which doesn’t seem that bad, unless they measure FPS differently to how I am thinking?
fuck sake, thats unbelievable
maybe thats 35/40 fps?
3.2 gz?!
jesus… how much ram? <goes to find out how much power his laptop will have>
also… 350/400 does not seem full speed… is it? if not that really sux
3s is 60 fps
350/400 = 52.5/60 fps
I think 350/400 is like a range of FPS. On their given system it runs between 350 and 400FPS. Which still seems a little outrageous. I have seen previous measurements before, which is how many frames it can render in a given time but then only displays same as refresh rate or whatever (like on FPS tests). Still seems outrageously high though, could be in an unloaded situation like sitting on menu or something :p.
wait… what?.. so 60 frames are shown yet 400 are rendered?
just realized this… roms can now be hacked to have different bgs… remix 3s FTW!!!
Yeah the only thing that confused me was that people were saying it was going to need a really beasty computer to emulate, even them while coding. Now we hear it is running at 350-400 FPS just seems a bit strange that is all.
I concur with second statement 
.
Exactly, like in graphics card testing software saying stuff like 300FPS even though they can never display that many due to refresh rates.
no, it’s not. words cannot describe its sexual prowess.
do you think it’ll run on a default graphics card? -crosses fingers-
yep youre right, its running at 400fps cuz the frame limiter is off and the sprites and a few things were missing.
What’s the big deal about hot linking an image?
Doesn’t 350-400 fps just mean that the game runs at approx 6x speed?
the dude a few posts above explained that it is running at that speed because the refresh rate was not included in this calculation.
do you think a comp with this specs will run it perfect?
Intel® Core™ 2 Duo T7500 (2.2GHz/4MB L2Cache)
2GB (2 Dimm)!
511MB NVIDIA GeForce 8600M GS
yup it does mean that, so i dont think people will need crazy machines to run this. i say 2.5 + 1 gig ram will be ok, nebula doesnt really use graphic card porwer, also mame is CPU dependat not GPU from what i know.
Bandwidth is not cheap.
So a laptop with these specs should run it fine?
Intel® Core™ 2 Duo T7500 (2.2GHz/4MB L2Cache) (can prob overclock to 2.4)
2GB (2 Dimm)!
511MB NVIDIA GeForce 8600M GS
If SFA3 runs perfectly when you play using that laptop, the CPS-3 games will probably work perfectly too.
that’s good to hear. now, i can live happily knowing my crappy laptop will be able to run it.
There’s no way that they can be that far already. Then again, this is possible. 
Why wasn’t this an update for their blog? the picture is probably 99.3% accurate as far as pictures go. They really need some videos here.
New screen shots will be shown today.
I can’t wait…
Because it’s ElSemi’s progress, not Haze’s.
…this went well.