Mame .55 is roughly 400 percent faster than the current version of mame.
Of course it varies from game to game though, some games are actually a lot faster in the current version, although most are much slower.
I have already done some extensive version testing, and .55 is THE version to use on sub 700 mhz hardware. Use .60 on 700-1 ghz, use .70 on sub 2 ghz, and use the current version on 2 ghz+.
Of course those are just general guidelines, but if you follow them you can avoid buying new computers just so you can use newer versions of mame, even though the new versions might have nothing to offer you.