Thats not so different from ps2 where the framerate can drop to 21 fps
So great idea and great work !
Even if fps drops it ever better to have full speed with less fps mainly because of audio (on some emu when speed goes under 100% the sound is choppy). Also the fact that the fix is triggered only when speed drops while keeping standard fps when speed is correct is a very good feature instead of just reducing fps all the time.
Im pretty sure everyone will approve your way to fix gamespeed
Ps: 187 ride or die is a very fun gangster game (i never ended the last mission in the parking on ps2 because it was too difficult), and z wanted remind me somehow crash bandicoot (i know it may seems a game for kids but i ever liked the color scheme and this type of game)
Also futurama pal may be a good game to fix, i never played it, but on dev wiki its reported with framerate issues while ntsc seems to be fine
Well if sony had hired you back in the days they would have sold a lot more ps2 titles on the ps store and probably also improved the emulator including support for all the peripherals and more.
Too bad they didnt hired you