Im not a mod but I have been running it a bit and can say Bizhawk is really close if not next to perfect in timing compared to the non emu run so I would imagine it is. It is what I have been using for running plus there is an emu run on there already.
Hey wanted to give you a heads up, the rules have now been added along with emu rulings :) also I am currently also typing up a route based on the video.