Sharp X1 complete setup - Sharp X1 - craiganderson(201401214)

[ShadeAurion]

Apologies for the necro post but I've scoured the internet a bit trying to get an X1 emulator or even just get X1 working in MAME but so far i'm unsuccessful.

To get this set up working, am I required to download Hyperspin, Rocketlauncher or HyperlaunchHQ and which version?
And after I do get this working, do I just unzip everything in the emulator file or what? I'm trying to get a decent working version of XMillennium working so I can run Donkey Kong 3: The Great Counterattack so I can record gameplay. Apologies for my ignorance. I actually stumbled across these forums chasing X1 Bios files but after reading the instructions and the thread, this seems like a better option. I'm just a little unclear on what HLHQ is and how to get this set up going.