Sorry, guys, but cheering won't update this emulator. It may work with, say, an emulator XPort does, but that's because he's motivated without money. So, let's use common sense: if money birthed it, wouldn't that be the only thing that makes major improvements to it?
There won't be updates by the original author; the contest is over, as said in big, bold letters on the contest's homepage. He's just worked on this for a month and a half, and I doubt he's willing to do the equivilent of at-home surgery without another dose of cash.
I wouldn't complain at all about this... if it only met the first goal. However, since it has met all three (therefore, the ending of the contest), I'm really, really dissapointed; any of you got a 32MB game working? Because no one else has. Read Goal 3; it's supposed to run at least one with full speed, graphics, and controls.