- Today French site PS3Gen.fr (linked above) has released a Sega Saturn Emulator Yabause port on the PS3 GameOS for use with PlayStation 3 JailBreak devices and PSGroove.
Download: [Register or Login to view links]
I've tested it and it's very laggy, won't boot at all.. the BIOS starts and then returns to the PS3 XMB as the BIOS.BIN is required on the ROOT of a USB flash drive, otherwise it will crash back to XMB.
To run Saturn games rename them to GAME.ISO and place them in the root of the USB stick, but be aware this is an early release so expect bugs including crashing and freezing.
As mentioned above, in order to use it you will need to Google for a copy of the Saturn BIOS to run this emulator as it is not included.