Quoted from DeeGor:
It looks like the emulation binary is hard coded to use the 1.0 rom.
I didn't anticipate that, someone got the profanity ROM working a few months ago.
Quoted from pintechev:
Or maybe you should work with Rick to do this legitimately so all MMR owners can enjoy this. I am sure he and CGC would appreciate the support from the community.
The solution for this is to create a pps patch file and distribute the patch for the mmc image. You will not be distributing copyrighted content, as the patch file only stored the changes to the file rather than raw data.