This is the surprised Sega 32X for MisTer FPGA released by @srg320_ (Sergey Dvodnenko).
For the most part, it plays really well. Some sound glitches here and there, but nothing majors. Virtua Fighter, Virtua Racing, Knuckles and other games run pretty well as you can see in this video. Thanks srg320
His Patreon : / srg320
Output using HDMI to VGA converter using Direct Video on a CRT computer monitor ViewSonic E90. The picture is fantastic!