OK... Let's set this straight again...
You CANNOT run a JAMMA board in a STEREO wired Neo Geo cabinet UNLESS you use a JAMMA to MVS adapter board. You WILL burn up the audio amp chip on the JAMMA board. The adapter board also fixes a couple of other odd wiring issues that won't damage boards... but rather have a couple of wires on different pins.
You CAN run a JAMMA board in a MONO wired Neo Geo cabinet and it'll work fine. You can identify these cabs by the Neo Geo board - look at the edge connector and see if it says "JAMMA" next to it.
You CAN run a mono output Neo Geo MVS board in a JAMMA cabinet. If the board is labeled "JAMMA" then it's JAMMA. You'll need to wire up the extra buttons necessary for a Neo Geo board though.
You CAN run a mono/stereo output Neo Geo MVS board in a JAMMA cabinet IF you put the audio switch in MONO mode. A couple of signals will be on the wrong pins (test or service switch is one)... and you'll need to wire up the extra buttons necessary for the Neo Geo board. IF you leave the switch in STEREO mode you'll miss 1/2 the audio but it will NOT damage the board.
You CAN run a multi slot Neo Geo board in a JAMMA cabinet. A couple of signals will be on the wrong pins (test or service switch is one... audio is the other)... and you'll need to wire up the extra buttons necessary for the Neo Geo board. YOU WILL BE MISSING PART OF THE AUDIO but it will NOT damage the board.
RJ