An exciting new emulator project surfaced today. A team of three guys has taken on the challenge of porting a Nintendo 64 emulator to the PS3. The project seems to have been underway for sometime, as progress is quite far. The team has released three videos showcasing that the emulator is in playable form but still needs some work. Currently the emulator is 1 player only via keyboard, graphics work excellent for most games tried, and the emu has no audio support. The team has made no indications on when a release will occur, but it doesn't seem too far off.