I'm really curious how performant Rosetta translated x86 applications would be, especially considering Transmeta's non-succesful attempt of doing something similar. It sounds like the key difference is that Rosetta would do it ahead of time instead of real-time like Transmeta?
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[ 2.3 ms ] story [ 18.4 ms ] threadIt translated Mac 68K code to native code. Like WINE does.
It was released as open source under the MIT license and this is the most active fork: https://github.com/autc04/executor
It needs no ROM or Mac System files.