My layout is similar, but I used an alpha closer to 0.05 - looks better on my screen. I does lighten up the black spots too much but maybe it looks better on a CRT. You can also mess with the offsets a bit, maybe by 2-5 pixels in either direction. I haven't tried it yet, but editing the file and making it a bit taller and wider might make it look more authentic too - you know, like the size of the image has shrunk due to caps getting older.
I couldn't get all the games to generate decent burnin images, but I did get a few. Arkanoid looks pretty good, for example, with Gyruss burnin. How did you get a screenshot like that? When I hit F12, all my effects are gone.