This time it seems they have sorted out the sega screen align stuff:

More good news today 🙂 ! I got the SEGA screen aligned at last. Check out the latest screenshot in the screenshot section. There will be a binary to download soon, prehaps next week. Thats all for today, except to keep voting on the poll and checking the messageboard. Later…

So there could be a release soon?? Check out the DreamEMU homepage.