I haven't been able to try this emu for myself because when I try to build the git repo, I get errors due to missing files. If you want to try it for yourself, go ahead and grab the source from github. You'll need an x64 version of Windows and a core OpenGL 4 compliant GPU. I don't have many 360 games, primarily because I don't really like the 360 as a console (XBLA aside), nor do I have Xbox Live, so by debug Xbox just sits on top of it. I really wouldn't mind playing Bullet Soul on PC, I'll tell you that.
And just in case you are wondering, I haven't contributed to this emulator in any way, shape or form, nor do I think it's a feasible idea to rely on this emu for a means to emulate original titles. I'd rather have a dedicated emulator with lower system requirements. Plus, what about Chihiro? I don't believe the emulator on 360 can emulate that!
Just thought I'd keep you all informed on what our friend Ashe is up to!