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eBay has some for $400-540. I about choked when I saw that a couple are even going for $612.50.
Here's a good review of the Framemeister.
Sadly, you can't use an oddball PCB like 54 Hz Raiden Fighters on the MFM right now, unless Micomsoft has updated the firmware. Hope you have your old XRGB-2 or 3 handy for that.
I ordered mine from Solaris Japan. Had it in a week for less than Ebay pricing. This thing is absolutely fantastic with 240p stuff! I've tried the SNES and a TG16 through RGB and it looks great, and a Saturn through component and it's good as well but not as good as if I were using an RGB cable. It's not that great at 480p stuff that I've tried through component though, so it doesn't do much for the Wii. On the flip side, the Neo Geo X, surprisingly, looks pretty damn good after fiddling with the color and scanline adjustments.
I'm not hardcore enough for PCBs, the Raiden Fighters Xbox 360 collection is good enough for me.
After messing with this thing a few days in a variety of systems and adjusting the options, I'll say that this thing is awesome, but not perfect.
It was obviously made for 240p content, and that is where it excels. Simply put, I have never seen my 240p systems look better on anything. The only thing that would be better is a good pvm I think. One bad thing is that the genesis still displays junk at the edge of the screen. You can adjust it somewhat, but you can't eliminate it entirely. The extra stuff you see at the edge of NES stuff on an hdtv can be completely adjusted out, however.
For 480p content it doesn't do quite as well. It's still good, but the Wii in particular still looks better on my old SDTV. Virtual console games don't look very good, but the actual Wii game I tested looks fine. The OG Xbox fares a bit better. Setting the system to 480p widescreen, and emulators set to simple 2x and enabling scanlines on the mini yields great results consistent on all emulators.