deathwings51: I think most of the SNK stuff from dotemu is emulator based. Metal Slug is one example.  
 However the problem is that the emulation is terrible and there are frequent slowdowns. I've had the same problem on Steam and GoG releases, so I can safely say its the same build on both. 
  I'm pretty certain that the slowdown is there, as part of maintaining parity to the original version. There have been some rare cases where some Dreamcast re-releases offered the option to remove the slowdown on some shooters, but for the most part, historically, slowdown has been intentionally maintained.  
 Having said that, do you happen to know any emulator that mitigates the slowdown in Metal Slug? As far as I know you can just use the game ROM from the GOG/STEAM/HB release with your choice of an emulator.  
 EDIT: And I don't mean that the slowdown is maintained to not make the original release look bad, but in order to not break the game's internal logic.