I have said it before and I will say it again, an iPhone is good but a jailbroke iPhone is better and if this is the iPhone 3G S it is better still.
For those of you that have played around with a jailbroken iPhone you know that there are some pretty impressive games on Cydia, everything from the original Doom to a Pac-Man like game.
Well then the emulators started showing up and you would play even more games. With the more powerful graphics on the 3G S the third party emulator devs have dived in. One has even come up with an emulator for the Play Station 1 and GameBoy Advanced.
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the first notable hacks we've seen are these updated PlayStation 1 and Game Boy Advance emulator ports, which run way faster than the versions for the original and 3G. The revved up hardware in Apple's latest is apparently capable of running either of these at 150 - 225fps with zero frameskipping, which is pretty impressive.
Video courtesy of ZodTTD