Looks like it mostly works, with the exception of a couple of tricky color effects (which have nothing to do with the CPU, and might depend on some composite video tricks).
In particular, the Kefrens bars at 4:42 render completely wrong.
In particular, the Kefrens bars at 4:42 render completely wrong.
Having said that, the fact that the music slows down noticeable during the moire-effect seems to indicate that indeed some instructions are a few cycles off here and there.