it works i checked a hard copy of the epsxe compatibilty list on my hard drive and it says its prefect. Just use the regular stuff, internal spu, petes or lewpy's video plugin and 1001 bios. Good Luck!
The gpu plugins I have tried it with are Pete's D3D, Pete's OpenGL and Pete's Software plugin and It worked with all of them. I didn't use any special configurations. The sound plugin I use is Iroi's. I don't think I tried it with any other ones. Maybe there is a CD-Rom problem? When you start it up does the cd-rom drive do ANYTHING? If not, then you haven't configured the cdrom plugin right. I use Pete's CDR plugin. For some reason I have problems using the internal CDR plugin. Do you have any problems running other games with your current config? Maybe thats the problem you are having.