buy an ordinairy gamecube and get the Freeloader disc. it somehow emulates other region codes. i have a PAL cube and i play the american Metroid Prime on it, and the japanese version of Soul Calibur 2 (couldn't wait 6 months for those tossers to translate it to english >_<)
it's the one i got off gp32divx, it's 12FPS. sound 24kb/11025hz i think. it's very doable, but if you want real good quality, you should cut it and recode it on 2 smc's...