I have the same problem.

I had a similar problem when I wasn't using a BIOS. Re-flashed my phone and forgot to copy back a BIOS image. Do you have a BIOS in the correct folder? And if you do, check that HLE is not on. Though I think HLE only affects save-state, which shouldn't worry you if you have the free version.

I haven't got that far in the game yet. To be honest I've never tried changing disks before. I hope it works with parasite eve.

You could try:

RunSPUsync=on (currently it's set to off)
EnableHLE=off (currently on)

Leave LastSPU=peopspu109.dll as it is.

Did the same FFVII image work before you re-installed everything?

The latest update isn't compatible with some savestates from previous versions. It happened with my Crash Bandicoot: Warped savestate. It loaded but video was messed up. Perhaps this is the reason?

I'm not sure if you can only backup an exact copy.
I tried both PAL and NTSC and neither worked.

I read this thread, and while I haven't encountered slow-down I have another bug. FpseCE seems to just stop loading the game, halfway through the first level it the map just ends, into darkness. Creepy. Any ideas? Or have I missed something stupidly obvious? Thanks.

No matter how good Schtruck makes FPSEce, it won't compare to the accuracy of a PS controller when you use the onscreen pads. I find myself, rather than avoiding zombies just shooting them. It uses more ammo etc.. but I don't die. Boss battles can be difficult as at times quick movement is required,...

hehe