Any "modern" PC should handle the effects without a sweat. My arcade machine has a Core i7 3770k from 2012 and a GTX 1070Ti from 2017, which is already way overkill. Any current standard build of MAME should work. I do know there was some change in MAME a few years ago that changed the effect of the HLSL settings that caused me to have to spend a lot of time experimenting with new setting values, but its been stable since then (I'm just a couple builds behind at the moment). I wouldn't fret too much over the loss of the CRT. MAME and an ordinary CRT TV is hardly a "pure" combination anyway. If you're going to emulate games, you might as well emulate the display too and gain the same flexibility benefits. Quite frankly, the HLSL effects can be really, really good when configured right, and using them in combination with the higher resolution of an LCD monitor lets you display much more convincing bezel art (art will be sharp like printed while game graphics remain RGBified), get full milage out of high res front end graphics or overlays, run more modern/higher res emulated titles if you like, make vectors look more like vectors, etc.