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And assuming the cpu in the Wiz is as powerful, clock for clock, then pure cpu power is nearly twice as powerful. Granted, that's probably a big assumption, but overall the system is more than twice as powerful as the gp2x. I wouldn't call it fantasy at all. One other thought, I don't know what percentage of gp2x's can hit 290 and be stable there, but I haven't heard of any until this thread.
The problem with your assumption is that many programs will probably be bandwidth limited. Even some GP2X programs are bandwidth limited at 250mhz. The Wiz has roughly the same memory bandwidth as the GP2X (DDR but half the bitrate) and it hasn't changed anything to conteract this factor (ie bigger caches). Unless the GPU has onboard memory (which i doubt) or a very efficent TBR approach it will probably be significantly limited by bandwidth aswell.
You also seem to be forgetting that the GP2X has dual 200mhz CPUs.
PS: My f200 is stable at 280mhz. Some of them are stable at ~300mhz. They probably average ~250mhz.
There is a common misconception that the gp2x is a dual core machine. They are two different chips with different names even, at least as pointed out to me. IF devs were using both cpu's or cores or whatever they are called, I would have to agree. Unfortunately, they are not. Picodrive is the only emulator that I know of that uses both core/cpus or whatever you want to call them, but nothing else. I think SNES emulation would be pretty much full speed if the sound were moved to the second processor like Picodrive does and a few others would probably benefit as well (just meaning emulators that are close to being full speed).
Are there any systems you predict the Wiz would probably be able to do without the bandwidth limitation, but with the bandwidth limitation become unworkable? Or does this more apply to homebrewing or porting 3d apps from the pc linux? I always thought of emulation as being cpu intensive, to the point that cpu power was the main limiting factor. Not being a developer, I might very well be wrong. Would you care to inform me?
Chris