same here as an American. Generally if I see that the word is a portmanteau of some kind , in this case presumably 'emulation' is one part of the portmanteau ,

same here as an American. Generally if I see that the word is a portmanteau of some kind , in this case presumably 'emulation' is one part of the portmanteau , I just try to do my best to pronounce that part like the parent word. So in this case i've always said "Q-Emu' in my head. I share your other pronunciations, too. Weird. I never knew what the Q meant, upon searching I see that it's "quick emulator".