Anyone interested in this should also check out pcem, https://pcem-emulator.co.uk/ it's emulating the hardware rather than the interfaces.

Would be cool if they had emulated it in VHDL/Bluespec/Verilog, then you could run it on an FPGA.

There's work for that for the Mister system, https://github.com/MiSTer-devel/ao486_MiSTer