You may want to run Amiga (PPC) software in qemu on IA32. Thanks to some runtime binary translation, it should have suffer closer to 2-fold rather than 10-fold performance penalty, AFAIK.
On related note, that'd imply we are getting only about 10% of our IA32 processors, basically RISCs cores emulating CISCs mostly via microcode. Which is hard to believe in, given that IA64 architecture (the Itanium, not the 64bit extensions to IA32) does not outperform IA32 10 times, even
thou it doesn't have to execute legacy instructions and was created almost from scratch.
No hard numbers, it's just that I barely got a Sinclair Spectrum emulator to run on a 10MHZ 286. A Spectrum is about 3 MHZ.
I got an Atari ST (8MHZ 68000) emulator to just about run on an old 60MHZ (or so) 486.
But it's possible I was getting something wrong: The overhead to deal with, say, an Amiga emulation, might be a fixed overhead, meaning it's 20 MHZ to convert instructions, so a 100MHZ machine would run an Amiga at 80MHZ.
EG, a 1GHZ CPU could emulate a 100 MHZ Amiga.