I think the hardware is similar because those were some of the most popular processors of the 80's and the Motorola 68000 and Zilog Z80 were in most Arcade boards of the time. So it's no surprise two consoles designed by Arcade hardware manufactures used similar hardware. But the CPU is nearly twice as fast in the Neo Geo! That's hardly anything to shrug off. But that said I bet it really comes down to the GPU's here. Sega's VDP has nothing on the Neo Geo. The number of onscreen colors and sprites of the Neo Geo is in another freaking ballpark! They may have a similar main processor and co-processor but the graphics processor in the Neo Geo is in another league.

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