Iskovlun: File format, maybe. But the CHIP itself is exactly the same, or, well, a manageable variant of one. Thus, whatever works on consoles, should work - at least to a good extent - on a PC with the same chip embedded.
Well, I went digging in bits. This is far from complete, but
here is Aladdin on a Sega Master System, in VGM format. And
it plays in AGI after being run through a VGM-to-AGS script I jerry-rigged today. It sounds horrible, I've yet to figure out why, but the song structure holds, and it's arguably already far ahead of the usual AGI music complexity. So, my point seems to stand.