I hate to pile on the bad news for Schtruck, but I too am seeing no performance boost with the new version. I'm even using an Xperia Play, which he said runs many games full speed.
Parasite Eve 2 now won't get past the Square EA logo
FF9 still slows down a ton during battles when the menu is up
Granstream Saga still hovers around 35-45fps (w/screen filtering)
The only game I've seen improvement in so far is FF7, which does seem to be emulating sound better, and outside of the dissolve when going into battles is running pretty well, though I didn't play far or get into a large battle with 3 party members and 2-3 enemies onscreen at the same time. It also is still having problems with the menu overlays and a lot of slowdown in the post-battle screens (I thought this was fixed like 3 versions ago?)
Perhaps there was a bug in the uploaded version or something else that is conflicting with the new DMA code? I read a post a few back that Schtruck mentioned finding a bug, not sure if it would affect the performance or not. Either way, I must admit I am a bit let down that we were promised massive speedups and compatibility and it doesn't appear to have changed much. I hope I am wrong, and I'm very sorry to report bad news to you, Schtruck - I do appreciate your hard work on this, but I wanted to report this so that you could investigate what's going on.
For reference, I'm running an Xperia Play that's been unlocked/rooted and is running Cyanogenmod 7 with one of the more recent nightlies, so I also have CPU overclocking enabled, and still can't get full FPS