MK1 and MK2 both use a sound board. I've only seen bootleg boards of MK1 around, but they are 2 boards on top of eachother.
MK1 is released in 2 versions. The T-Unit version and the earlier version. Both use a sound board, but the sound boards are (as far as i know) not compatible.
As you might expect, the MK1 T-Unit version looks just like other t-unit games, like Nba Jam, and Jam TE for example.
MK2 looks like a t-unit, but it has a board mounted upside down on the mainboard. Still uses a sound board.
Mk3 uses the WOLF unit hardware, and is a single board design, just like Nba Hangtime. No sound board on MK3, UMK3 and MK4.
When buying a MK1 or MK2 i would make sure all the wiring to the sound board is included.
- Alex
Picture of a T-Unit (Nba Jam, but MK1 looks same)