It's quite a common game to see around.. I've seen it in many different places.
The problem is the hardware is very unreliable, it overheats, and breaks all the time, so 99% of the time I've seen them they've had severe glitches or been just plain broken.
It's the most powerful piece of hardware that Sega had out at the time, and their last true original piece of dedicated arcade hardware (I don't really count Naomi / Naomi 2 because they're more directly Dreamcast related)
I believe the DEMUL guys who have emulated Naomi / Naomi 2 were looking at it, and managed to get it showing something, but it doesn't really have much in common with those systems aside from the CPU. I can't see it running well in MAME anytime in the next 15 years.