pc's will need to be about x4 times the power of a midrange (i5, 8670/gtx460) pc to run a pcsx3 ps3 emulator. judging by the requirements needed to currently run the pcsx2 ps2 emulator.
as to when it will be out, thats any 1's guess. emulator zone has made hints about 1 being in the works but has no firm info on 1.
requirements to run 1 would be something like a dual xeon x6 @3.6 to have enough grunt to cope with cell code emulation.
PCSX2 is not even perfected yet. It still has a lot of improvements needed specially in utilizing PC components. It requires a high end rig in order for it to run properly. I doubt that PCSX3 will be released anytime soon.
PCSX2 is very CPU depenedent. The latest release can only utilize 2 CPU cores. I think there is already a Quad core support but still on Beta stage.
I tried running the FFX using my Athlon II x4 3Ghz and it was so laggy. Some parts are fine but most parts are in slow motion, same as other games that I tried. So imagine what type of rig you will be needing if you run PCSX3
did you not even read the two above posts explaining why?
if pcsx2 isnt able to run good yet on current gen i7 processors....
what makes you think that a pcsx3 would even run at all?
the problem is due to the ps3 architecture. it uses a cell based processor.
perhaps if the gpu could be used to assist the cpu there might be a chance, but dont plan on a decent solution for at least 2 years or more. by then we should have 8-10 core cpus or consumer level boards with 2x multi core cpus.