is this really an emulator in the traditional sense? (implementing certain hardware architecture using software) or are they just implementing some software to read and run games in the host hardware? I would be very surprised if this was a true emulator, but I have no idea about the current scenario.

I did enjoy it for a while. I would probably be enjoying it if it was not because as you move up it becomes very different kind of game

but what about my gold splits? /s

I have fond memories about Prince of Persia (the 2008 incarnation). it was a beautiful game and you basically could not die. your companion (a beautiful woman, because originality) would just rescue you in the last second.