It depends on the philosophy that guides the emulation author. For example, the creator of bsnes believes in accuracy over everything. He's proud that his emulator will show the same bugs as the console when other emulators don't.
I guess a potential problem would be that this requires shipping a (IP-infringing) copy of the recompiled game library with the emulator. But it doesn't quite: instead of a library of ROMs, you could just ship a library of hint files to turn the static-analysis step of the recompilation into a few seconds of work, such that you still need an input ROM and the dest-ISA program is only generated in memory.