MAME you wont really find on a chinese board, Klassic is referring to the multicade boards 60 in 1, I sold a multicade a week or so ago, check back on for sale topic and will see the pics, that was cheap! the multicades are good if on a budget and you dont mind some of the sounds being off, but otherwise will annoy you, Gyruss comes to mind as one that has very bad sound, joys of 60 games on a little chip using the same hardware, cant emulate 100% but they are good and a cheap start
MAME can run from a few hundred to over 1000, I know someone that has a fantastic Blast City that has a MAME box in it and will be for sale, his is all ready to go, will give you a mass of games to play and its set up, and price is good, and also has a 29" monitor!!!!
you dont need a mass of buttons on the control panels, as the JPAC, IPAC allows you to control most commands thru a few key presses, so unless you want a 4 player MAME, or you want a trackball, spinner, 4 sticks, 1 4way stick etc, you dont need to go over the top, the best option for cheap is get a JAMMA cabinet at auction, ASK for advice there, before bidding! and either do a cheap multicade or a MAME