PZ's comment regarding the implausibility of speeding up an emulated brain was a real head-scratcher to me, and Andrew G calls him on it in the comments. Apparently (judging from his further comments) what he really meant was that you have to simulate or emulate a good environment, physiology, and endocrine system as well otherwise the brain would go insane.
Of course, we already knew that...
Right on.
I'm the blogger PZ was responding to in his post, and I specifically recommended PZ read Sandberg and Bostrom's Whole Brain Emulation: A Roadmap.
That's what PZ is claiming to have read when he writes "I read the paper he recommended," but PZ doesn't seem to have read it very carefully, in particular missing out on the sections "simulation scales" (pp. 13-14), "Body Simulation," and "Environment Simulation" (pp. 74-78). I've written a post explaining PZ's apparent confusions in greater detail at my blog.
From: http://freethoughtblogs.com/pharyngula/2012/07/14/and-everyone-gets-a-robot-pony/