I just tried RPCS3 (an PS3 emulator) with Odin sphere Leifthrasir to test if it's emulateed and how this game is playable.
First of all you need to have powerfull machine to use this fully. I am playing on my I5, 8 GB of RAM and Geforce 1070 TI with Vulcan set in the GPU settings.
The game runs at 60 FPS without any drops. You can use NVDA's OCR to read everything in the game. I checked menus, shops, text files you can find during gameplay and even the text during the cutscenes.
I actually love the new version of the game as it is upgraded a lot! Also you can use the bag and skills menu fully as you can read the description of the things when it is highlighted.
There's one change to audio cues: No longer you can hear the sound when you are next to the doors and passages but there's a trick to know what is going on. Just hold the direction you're moving with up arrow and character will stop moving when there's soomething.
For me it's just fantastic as I can play this game fully!