Will the Keil ULINK2 work with the 8051 processor NXP P80C32SBPN? Concern is the 8051 is an old microprocessor and doesn't support a lot of the debug features of newer processors (eg. JTAG).
I would guess that it doesn't support any of the debug features of newer processors.
If you want to know for sure, the Datasheet will tell you what (if any) debug features it does provide...