I think it would be cool to play back other people’s recorded gameplay through the emulator itself. If I’m not mistaken such a feature is used in mame http://replay.marpirc.net/
In the same vein, I also think it would be cool to implement a “screensaver” mode where retroarch would randomly cycle through your roms and play the attract screens/demos for a set amount of time/frames and then choose another game. I think it would be useful as a sleep aid or to simulate an arcade environment.