The Framemeister is okay I guess but you can't beat a CRT for low-res stuff, no matter how nice it looks on an LCD. I can't believe that input lag hasn't been discussed more in this thread, from my experience it's significant. I'm not sure if it's not as detectable with modern games/analog controls, but playing a Megadrive through a Framemeister on an LCD has lagg no matter how ninja your set-up is, it's just the way it is. Some people can't detect it but it sticks out a mile to me, especially 2D shooters. I agree that a CRT can look a bit unsightly in a modern AV setup but a saw and a few screws can sort that out 
http://youtu.be/6N4oxlnWohA

http://youtu.be/6N4oxlnWohA
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