WARNING: Don't watch unless you're willing to tolerate incredibly low framerates and random flashes.
Xenia: https://github.com/benvanik/xenia
SceneEffect file edited to remove post-processing to be able to see the actual game.
I haven't done anything related to Xenia so far but a few lines of code changes, so most of the work in this video is very much theirs! All I did was play the demo with an edited AR file to disable post-processing.
CPU: i5 2500k @ 4.4 GHZ.
GPU: Nvidia GTX 970