I'm just putting things into perspective. An emulator can't truly begin with running games until we have the keys to decrypt them. To get the keys requires hacking. As it is, HorizonOS is currently impenetrable from the outside, and there is currently no hardware flaw to get inside. It could be years, even passed the release of the Switch 2 successor (feels weird to start saying that now) before anything meaningful happens. TC believes it is not worth it to wait that long if there's something you want to play now, and I would agree on that.
Folks hoping for a situation like with Switch 1 should just get their expectations in check. That got blown open because of a flaw in the bootROM that could not be patched out. That was fixed within a year with newer systems, but the damage was already done on the older systems. The hackers got in, able to then work outward to break the wall from the inside, which then affected all systems with knowing where the breach was for hard-mods.