Has anyone ever tried converting a non mvs or aes game to run on the aes? Add in some kind of emulator program like they did on the dreamcast to run neo cds.
I would pay some mad bucks for a Street Fighter 2 or MK 2 Aes cart!
To run emulation, a system needs way more power than the system it's trying to emulate.
Obviously the Neo couldn't emulate SF2 or MK2 at any decent speed. It would have to be a programmed conversion, which would be a fair bit of work to do. The SF2 and MK2 arcade machines also have higher resolutions than Neo. In terms of sprite power, the Neo would probably be better than a CPS1. It has better sound capabilities than the CPS1, but not necessarily as good as the MK2 board, don't know.
If the Neo could emulate earlier systems, it would probably be systems like the Atari 2600, NES, Master System (at best).
There was a system by Capcom that was similar to the AES, which was the CPS Changer. It was based on a CPS1 and is really a supergun. They're super rare, especially outside Japan.