I have recently acquired two new (to me) consoles. I found a cheap Dreamcast at a local shop, so I hope to get CFC2 running nicely on the DC. I did set up the development environment and build RACE for the Dreamcast. It runs CFC2, but it seems that it doesn't save the save-game progress properly. I'll have to look into that.
The other console I picked up, thanks to Craigslist, is a PSP. I traded some unused stuff for it, and I'm very pleased at how the deal turned out. I set up the psptoolchain and had only some minor issues getting RACE to run on it. You can see a video of it here. It has sound. It's hard to hear, because I didn't turn up the volume until close to the end. I don't know why someone didn't port RACE to the PSP sooner.
CFC2 English Running on PSP
I know that most of the votes (on the right) have been for Nintendo DS and Neo Geo Pocket Color. First, it will always be made to run on the NGPC, but that will require a NGPC flash cart. The other systems are just icing, but it seems that DS is probablly the most likely to be utilized.