I don't see the problem. The app clearly violates the app store's policies. It's a dumb policy, and probably a lot of the app reviewers don't pay attention to it, but it's apple's policy.
If you want an open app system, go to android, or WinMo, or RIM, or jailbreak or something and stop whining. jeez.
@St.Jimmy: Does the app come with games, or is it a typical emulator by itself? If it's a regular ol' emulator and users need to provide their own games I can see what the problem is. However, if they are not going to include games (wouldn't it all be considered abandonware by this point anyway?) then they should allow people to purchase them as "addons" per the new 3.0 software capabilities.
I think Apple was just confused how we were going to hook up the Commodore tape drive to the iPhone port and not drain the battery before Forbidden Forest unsuccessfully loads six hours later.
06/21/09
If you want an open app system, go to android, or WinMo, or RIM, or jailbreak or something and stop whining. jeez.
06/22/09
06/21/09