Could we use Atlas on the emu's?

A thought came to me, as thoughts do...yeah..Anyway, few years back I was playing a number of very old PC98 games, japanese mostly.
I remember using a program called agth to catch text from the emu and transit it to Atlas(the translation program) and getting a full, if odd, yet sufficiant translation.
Now, I wonder if the same thing would be possible with No$Gba for example?
Due to my inability to get 120mb sized Atlas, I can not try, but perhaps somebody here has expiriance with this as well and could try to do so?