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SheepShaver for Windows (2012/03/28) is released. SheepShaver is an open source PowerPC Apple Macintosh emulator originally designed for BeOS and Linux. SheepShaver has also been ported to Microsoft Windows.

SheepShaver (2012/03/28) Changelog:
This one is patched to allow the game Ferazel's Wand (and probably other Ambrosia Software games that were having problems) to run correctly.
Current fix(es):
(28-03-2012):Gamma ramp patch to allow running certain Ambrosia (and possibly other) games.

Download: SheepShaver (2012/03/28)
Source: Here