Eltechs has been very successful at building emulators for the Raspberry Pi, until now focusing on the newer ARMv7 versions of the low cost systems.  They have just finalized support for previous versions of the the Pi running ARMv6, reputedly at speeds almost matching the code running on native hardware.  If you are developing on the Raspberry Pi or Pi 2 you should follow the links on the Slashdot article as there is currently a sale on the ExaGear Desktop software, $14.95 for the Pi 2 and $9.95 for the Pi.

"Russia-based Eltechs announced its ExaGear Desktop virtual machine last August, enabling Linux/ARMv7 SBCs and mini-PCs to run x86 software. That meant that users of the quad-core, Cortex-A7-based Raspberry Pi 2 Model B, could use it as well, although the software was not yet optimized for it. Now Eltechs has extended ExaGear to support earlier ARMv6 versions of the Raspberry Pi."

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