newbie questions

Hi list;

I'm a complete newbie to mac and mol. I have a couple of questions.
- I've read that there is a 386 version in the works. Anyone know of an 
anticipated schedule/release date for the 386 version?

- Once the "emulator" is installed, can it also play mac based games, or will 
there be issues with hardware based video acceleration ?

Thanks in advance four your help...