Kega is one of the few closed source free emulators... hence binary only.
I'll give it a try and report back.
EDIT: Well, it certainly doesn't run well out of the box, but I don't get instant segfaults, either. Compiz needs to be turned off first to stop the picture from flickering wildly, and then it kept crashing when I was trying to configure my joypad. Running it from the terminal stopped the crashing, and then everything looked and ran well, but the CD-audio part of the Sega CD game I was playing (Third World War) would not work... sound effects were working though... this in PulseAudio, by the way. The Linux version does not allow direct from CD play, and I cannot confirm that I made a working image of the disc, so I'm not sure on the sound problem.
This is the a good first effort for Linux, I think. The read me says something like "this is the first (and the last?) version for Linux", so I'm not sure what the future will bring.
Copy of the terminal output I got:
mister7playboy@VGN-NR430E:~/Downloads/Fusion$ ./Fusion
Gtk-Message: Failed to load module "canberra-gtk-module": /usr/lib/gtk-2.0/modules/libcanberra-gtk-module.so: wrong ELF class: ELFCLASS64
/usr/lib/gio/modules/libgvfsdbus.so: wrong ELF class: ELFCLASS64
Failed to load module: /usr/lib/gio/modules/libgvfsdbus.so
/usr/lib/gio/modules/libgioremote-volume-monitor.so: wrong ELF class: ELFCLASS64
Failed to load module: /usr/lib/gio/modules/libgioremote-volume-monitor.so
/usr/lib/gio/modules/libgiogconf.so: wrong ELF class: ELFCLASS64
Failed to load module: /usr/lib/gio/modules/libgiogconf.so
Segmentation fault
mister7playboy@VGN-NR430E:~/Downloads/Fusion$ ./Fusion
Gtk-Message: Failed to load module "canberra-gtk-module": /usr/lib/gtk-2.0/modules/libcanberra-gtk-module.so: wrong ELF class: ELFCLASS64
/usr/lib/gio/modules/libgvfsdbus.so: wrong ELF class: ELFCLASS64
Failed to load module: /usr/lib/gio/modules/libgvfsdbus.so
/usr/lib/gio/modules/libgioremote-volume-monitor.so: wrong ELF class: ELFCLASS64
Failed to load module: /usr/lib/gio/modules/libgioremote-volume-monitor.so
/usr/lib/gio/modules/libgiogconf.so: wrong ELF class: ELFCLASS64
Failed to load module: /usr/lib/gio/modules/libgiogconf.so
Segmentation fault