The Capcom CPS-3 arcade board only ran a handful of games, including JoJo's Venture, Street Fighter III, and Red Earth, but that hasn't stopped the emulation community from cracking the board's code, which puts them one step closer to emulating the board itself. And considering CPS-3 debuted in 1996, it's about time!

Posts on Haze's Mame WIP as well as the more technical-oriented Notas de Andy (translation) show that the decryption has opened up the developers to make further progress, as David Haywood has already gotten the two JoJo games to "execute some of the game code, rather than just bios." We look forward to watching their progress.

Thanks Joystiq!