If Swiss Micro could release...

[Han]

With respect to ROMs, you are quite right -- SwissMicro would not have any rights to distribute it. However, I imagine that if they developed the hardware and firmware (modified emulation) they might still have a reasonable market (perhaps wishful thinking on my part) even if they did not distribute any ROM. The ROM extraction would be something that the users would be responsible for. This is how it has always been for many emulators not directly supported by the company whose product was being emulated.