Popular emulation front-end RetroArch have announced the RetroArch Disc Project, which will allow users to run original CD-ROMS for various platforms via the RetroArch software.
Original FFVIII disc running via RetroArch
Currently the system will run on Linux or Windows – with a CD-ROM drive. I’m sure it won’t be long before people are creating mini Raspberry Pi consoles with a built-in CD-ROM drive to play all their old games!
Currently supported are PlayStation, Sega Mega CD, Sega Saturn and 3DO, but they intend to add support for more systems.
The project does not yet have a public release, but RetroArch say to expect it very soon, and add:
More infomation can be found on the RetroArch website