You didn't say what it's from, and I can't see any obvious part number that means anything to me on the photo, but you can just look through the Wikipedia list and figure out which board it is:
http://en.wikipedia.org/wiki/List_of_Sega_arcade_system_boards
The last three generations on that list are all more or less stock PC hardware running either Linux or Windows Embedded, and that photo looks more or less like a stock PC with some custom I/O and dip switches on it. The CPU/GPUs used are comparable desktop parts that you can easily compare to a current or older Mac based on the specs.
I'm going to assume that photo is of a Lindbergh board on account of having four USB ports, VGA+DVI on the graphics card, and being AGP rather than PCIe, in which case it's probably got a 3GHz P4 single core, 1GB of RAM, and a GeForce 6800 with 256MB VRAM running a Linux flavor.
That's a relatively anemic CPU--in most cases slower than even an old Core Duo Mac running at ~2GHz--and a decent but old graphics card--the performance is probably in the ballpark of last year's MBPs or the iMacs from the year before if a random benchmark chart I came up with is to be believed. The GPU is a bit tougher comparison because Apple generally has used mobile GPUs in all but the Mac Pro until recent iMacs.
Phrased differently, it's very, very roughly going to be able to make games look similar to a couple-year-old, higher-end, stock iMac, and the iMac will have a very similar complement of standard I/O ports (USB, DVI, optical audio), although the iMac has a MUCH faster CPU for general purpose computing.