Using an ArcadeVGA will only aid in the simplicity of the process. The AVGA has the ability to boot up in 15 kHz mode, which you will never get on a regular video card. Also, the AVGA is basically plug-and-play, and you can be ready to go in quite a short amount of time. Another advantage is that it will never display a 31 kHz signal to the monitor, which might damage it; when you play with powerstrip you are bound to chose the wrong resolution at one time or another, and while it hasn't ever caused any problems for me, it might for you. This would be the case if you were using a regular arcade monitor, but the D9500 is a multi-sync monitor which will not have a problem with higher refresh rates.
The whole trick about the AVGA card is that it already starts displaying 15 kHz modes right from the start, something that Windows cannot do natively. You have to involve powerstrip to get anywhere close to what we need to drive an arcade monitor. Having a D9500 without using it to display native arcade resolutions is absolutely useless, and you might as well save some cash and get a regular 19'' crt. Combining the AVGA and a multi-sync monitor means that you can run windows in its flicker-free, native resolution, and run arcade game at their native resolutions as well. Again, you could do this using a regular video card as well, it is just a bit more involved.
I have chosen not to use an AVGA just to try and save some cash, and I have gotten the process down so that it really is not any harder than using one. The results I am getting are great, and while I don't see the bios or boot up screen since I have the boot up section diverted to another PCI card, windows boots in 15 kHz mode without a problem. I want to hide the PC as best as I can, so this really is another advantage for me.
I have used Radeon 9200SE cards without a hitch combined with powerstrip, so if you decide to go this route, you should be succesful under Windows XP. In the end, I find that setting up a computer for an arcade monitor is relatively easy provided that you use the right hardware and software, but for those unwilling to venture in powerstrip and such, the AVGA is a great choice.