Streaming 8/16-bit games? Hmm, not sure how that would be a better experience compared to local emulator with TOSEC-library (or owned original games) unless it's a question of playing games one doesn't own legally.
Ph'nglui mglw'nafh Cthulhu R'lyeh wgah'nagl fhtagn!
"The sky was the color of a TV tuned to a dead station" - Neuromancer