Yes, I agree with Art. This is essentially what I ended up also using. And it works great.

I initially made the mistake of purchasing the emulator software separately on eBay for about $250, because I thought that was necessary. Fortunately I never opened the package and was able to get a refund. It is not necessary to purchase any additional software.

Looks like the Micropod II, with all the software and cable, is now on sale for $135 (20% off). I paid about $170.