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Re:Xbox360 –> Windows Executable Converter by anthk on Thursday July 13, 2023 @04:56AM (#36706527)
Qemu does something similar. And Box86 does that while keeping 3D acceleration on converting X86->ARM linux binaries.

https://github.com/ptitSeb/box86

Re:Xbox360 –> Windows Executable Converter by actionfromafar on Thursday July 13, 2023 @06:25AM (#36707089)
It also depends on how strictly you want preserve the behaviour of the asm.