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Slimebeast said:

That's awesome but what is your definition of "99% perfect 3D"? One bottom layer with the background and one layer with the characters and mobs on top = 3-D?

 

Well the below video shows the Sonic 2 emulation. There are few minor sound glitches and hickups but graphics are perfect.

You need the glasses and appropriate TV to see it in 3D but the quality and depth I am getting is on par with 3D of current gen games like REsident Evil 5 and Metro 2033 running in 3D. So we're talking really good... PS3 will be golden if it can achieve this kind of 3D effects.