what realy threw me off on the real scale was the scrolling words on the bottom of the screen(on the first vid) it seems like it could be real, but it could also just be a simple screenshot of a game being played, and on top of that, it was homebrew game demos, so even if this is a real working emulator, it might not support commercial games for quite some time...
either way! looks like it could be promising :D I would much prefer to play an ISO of my already purchased PSX games, rather then paying sony yet again for a game I already have...
I give it a 6 on the real scale..
Herein, where the prospect of "Real" is said, I refer to a scale of 1 to 10 of a possability of this being real..