I've seen it mentioned here many times; but to clarify: (since people keep asking)
This emulator is HuE 0.70 with a different intro screen. You will find you can/can't run exactly the same games with this package than you can with the HuE 0.70 package.
If you tear open the eboot files for each package respectively, you will find that they use the same HuE executable:
C:\tg16hax\070>md5sum DATA.PSP
cb6f7ad4de6e67ca37522c77aefa3309 *DATA.PSP
C:\tg16hax\070>cd "..\Turbo Grafx-16"
C:\tg16hax\Turbo Grafx-16>md5sum DATA.PSP
cb6f7ad4de6e67ca37522c77aefa3309 *DATA.PSP
I must say the addition of the commercial is pretty cool though.
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