For the 90s Midway hardware games, just forget about Mame if your computer doesn't run them full speed. Either play the SNES ports, play another similar game, or shell out hundreds for a new faster computer simply so you can play a couple of non-original games that have near perfect SNES ports that WILL run on your computer.
Also, stop upgrading your Mame version, and consider rolling it back. .55 is roughly twice as fast as .70, and it just keeps getting slower the newer the version is.