Excellent! The lens effect is there, as well as the lines are emulated. Not to say its perfect, but emulates the effect accurately. Jabos, of course, does not emulate the camspy accurately, but it is functional:
Although it seems like the CamSpy adds some blur to the output as well... but I guess with specified over-res that wouldn't work very well. Mmm. Sorta like letting Metal Gear Solid PSX run 320x200 motion blur while running 1024x768... really eerie effect.