While not technically emulation (who cares anymore anyway) i thought it was cool enough to warrant a post here:

"This is version 0.5 of SYSTEMSHOCK-Portable, based on the CD enhanced version originally released by Looking Glass Technologies (later Looking Glass Studios). It can be played under MS Windows XP from an USB-key or external drive or from your local HD."

Go here to download and read what's new in v0.5:

http://www.strangebedfellows.de/index.php?topic=211.0


-Sune