Yabause is a very advanced, open-source, cross-platform Saturn emulator.
http://en.wikipedia.org/wiki/Yabause
It was already ported to PSP, and performance is quite good for 2D games.
PSP has a weak CPU, just 333MHz. Pandora is way more powerful, so the performance will be even greater!
Check the following thread:
http://www.gp32x.com/board/index....