Depends really.
It might work, but even then, probably only just. Bearing in mind GBA emulation was almost impossible on the previous DS systems, due to ways things are handled, and memory. The 3DS will undoubtedly be more powerful than previous systems, but if GBA emulation isn't accomplished on it at some point, I wouldn't hold out too much for a N64 emulator.
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Oich Oich.
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