I took the description to mean that yes, classic games should run, but that getting classic games to run is not enough. After all, UAE can already do that. The integration part is in making the applications launch directly, without having to run a UAE front end first. It should just look like a native app.
It should also be further enhanced for workbench applications by allowing windows to open directly to the workbench, and use local resources.
So, I didn't take the bounty as doing less than UAE, but doing everything that UAE does plus some extra stuff.