Well, that is the case for the version of Phoenix I am testing. I am not sure how much it will change before it is officially released. I am just stunned to see this working. To me, it's more amazing than the Amiga core (only because I have seen Amiga cores before, never a FPGA based arcade machine emulation).
Mike has put together a pretty outstanding piece of hardware, and the software support and integration is really going to make this something that developers will want to pick up and support.