Before I get to far, you need to reach out to whoever you purchased that AVGA card from and resolve that issue.
Otherwise:
I say use what you have and then determine if it is good enough.
For example, your PC with 2gig of ram may only be suitable for MsPac and Donkey Kong. That is great news. You can use it in a "smaller" profile cabaret.
Again, with your MSI pc, run what you can on it. Maybe that can be your Street fighter or Mortal Kombat Kabinet.
On your third machine you can play a different set of games.
Don't cut any wood or plan anything unless the emulators are already running on the PC you intend to use.
What games are your favorite? What kind of games are your favorite? Maze games? Vertical SHUMP? Horizontal Shump? Brawlers? Fighting? Shooting? Driving?
Name 100 games, Pick your favorites. If all you are going to play is Ms. Pacman or Tetris, you don't need a trackball!
Play vertical games on a vertical monitor! I did and it changed my life!
Be open to having more than one arcade machine.
Do you like brussel sprouts in your ice cream? Ultimately, I am going to attempt to discourage you from playing every game on one machine. Also, don't try to play console games on arcade controls, unless they were arcade games.
Here is a list of PS1 games that some argue could be played on an arcade machine. Of any, I'd try Intelligent Qube, Wipeout and Rival Schools, maybe Battle Arena Toshinden.
I'm not sure any N64 games, with possibly the exception of Killer Instinct Gold or Tetrisphere are really worth playing again anyway, let alone trying to force the experience on an arcade machine.
Good luck, Have all the fun you possibly can, just don't expect too much from one project.