@Jethro_Tull
This would work in theory, however as others have already pointed out the obvious problem is emulating the CS PPC or BPPC hardware in detail. This wouldn't be easy.
You'd also need very 603 / 604 compatible CPU for the rig, even at the supervisor level (while the user level side of various 32bit PowerPC ISAs are pretty much identical, the supervisor side varies quite a lot). That's because the OS bangs the CPU supervisor mode directly, and it would need to run the unmodified OS (to avoid breaching the license which bans disassembly and decompilation).