Yes, rocket launcher loads the game from a playlist as if it was from the original platform. So every single arcade game has the same fade and a game bezel. Meaning Konami classics for example won’t have its own fade or bezel.
I have an nes classic playlist, I would love for it to have its own fade and bezel when games are loaded from that playlist, but if the same games are loaded from the nes platform it would use nes fade and bezel.