nullDC-Naomi SVN r120 is released. nullDC-Naomi is an open source NAOMI Arcade System Emulator. It will NOT run Dreamcast games.

nullDC-Naomi SVN Changelog:
r120
PuruPuru:

-. Reworked my mess in order to hopefully improve its performance. (Issue 320)

Download: nullDC-Naomi SVN r120
Source: Here