i'm seriously thinking about joining the darkside since that is the only way to get games running at their best. i think i'm going to install linux on my mame box and run with that. I'm sure i will be posting for help, heh.
Well, I never envisaged running Linux when I originally started building, but since I made the switch I've never looked back...
Sorry you couldn't shift the tearing with regular mame. If the game driver is running at 60Hz, you're specifying an ArcadeVGA mode which is true 60Hz (not all of them are) and you've enabled tripple buffering then I have no idea what could be causing the tearing.
BTW if you have a broadband internet connection then I would reccommend Gentoo Linux. If not, I would personally go for Fedora. If the machine is only for MAME, don't install X or a Window manager, just run advanceMAME from the console using SVGAlib.