Laxer3a has just posted this regarding the release date of the emulator:
"I think we will put a "sticked" notice when we release the 0.4 on the web site to explain the problems and how to solve them.
Basically the "power" of TYL is due to its high tuning and new hardware feature used and lots of possible fine tuning in the emulator. While it is powerfull, it is also a WEAK point for the user : need to fine tune quite some games, user does not understand the feature and so on...
After the 0.4 we will focus more on these issues. We think that for the technical knowledge we have for the moment, 0.4 is the best we can have.
To be able get the speed improvment we wanted in the next version of TYL, we had to "optimize" some part. This may break the compatibility with some games... also,
the worst issue is that the "setup" of the emu itself may be the problem if the user do not understand what he is doing with the new ME audio setup.
The random crashing seems to have been greatly reduced, but we cant test all the ROM outside.
This week I will help yoyo by testing games everyday... Hope we can release ASAP.
(But dont expect this forthcoming week at least)"