Depends if you want a smooth working Emulated Amiga or a piss poor jerky emulated Amiga.
On my Pentium 3 850, I run at 53 fps with full stereo sound, on my old Pentium 3 266 I ran at 50 fps with no sound.
I think the fact that a processor APPARENTLY so fast does a poor job of emulating an Amiga says a lot for the creators of the Amiga hardware.
If you have less that a Pentium 2 then you may as well not bother if you ask me