What sort of monitor are you using?
Xevious is probably something to do with refresh rate (Namco's 60.606060Hz). Try setting 'refresh 60' for that one (& use a 60Hz video mode).
For Wonderboy, I'm not sure, that is a 60Hz game exactly - again, make sure you are using a 60Hz mode.
Just to go on from what Howard said, use '-d3d -d3deffect sharp' or try '-hwstretch -effect sharp'. The higher the resolution you use, the less obvious the filtering will be (at the cost of performance).