The patents themselves don't have the AWM2 name on them, but they are related to the process of wavetable synthesis, and likely parsing their instrument format.
To reproduce the base sounds, all the base data needs to be processed and implemented the same way. even if the intent it to not use the yamaha effects and stuff, you still need to implement their filters, layering, and envelope stuff just to play back the ROM samples properly. That's where the patents come in. AS the MU2000 is more than 20 years old, it's fairly likely the patents won't end up being an issue in my opinion, but I am not a lawyer, and this is one of the things you need to be sure of before releasing it, because there are still non expired patents.
I think the plan is to get yamaha to be willing to sell the ROM images, and almost certainly not to profit himself. There are only a limited number of units left, and he wants a path forward for someone to be able to use this without owning the hardware any more. As it currently exists, you must own the tone generator to legally use it at all, and if you no longer own the tone generator, you can no longer use it. The legal defense allowing you to use roms with an emulator without permission from the copyright holder requires that you own a device or media with those roms.
The most likely result of getting yamaha's attention is them deciding to make a MU2000EX vsti available, and then striking back. Because this lets them prove harm easily. Because if they are using your, thing they aren't using theirs, and that loses them a sale. And they could do it quickly, because they already have at least two PC software implementations of AWM2. S-yxg50, and Expanded Softsynth Plugin. They could easily whip out a Expanded Softsynth Plugin for XG, and cut it down so it doesn't do anything that the mu series cannot. BTW, the E.S.P. uses JUCE.
Nuked released with a non commercial license to get Roland to look the other way. Any similar project needs to do the same i think.
And i don't think yamaha will go for it. AS i said, they could easily make their own XG Level 1 2 and 3 compliant VSTi, which could go into a DAW just like this project. And it wouldn't need to use any ROMs.
As for reverse engineering, there are limits to what the EULA can or cannot prevent, and this depends on country. Japan in particular is quite unfriendly to reverse engineering. And making it "not an emulator" actually may very well step on this. This isn't an issue with an actual emulator because you are just running their code. If you don't actually fully implement AWM2, the instruments won't be the same. If the instruments do sound and behave the same dry, then it's likely because you implemented AWM2.