I've been running it as Administrator.
Since the spu was having problems, I disabled sound, and it stopped after "Direct input init ok" and gave the same termination results. :/* Running ePSXe emulator version 1.7.0.
* Memory handlers init.
* ePSXe: PSX BIOS loaded [bios\SCPH1001.BIN].
* Loading MDS File (EC) ok
* Loading ISO Format [MDF/BIN/IMG2448] (+subchannel) ok
* First/Last track: 1 1
* Track 1: (DATA) - Start 1: (00,02,00) - Length 48:31
* NTSC cdrom detected. (SLUS_009.58)
* Doing init gpu...
* Gpu open...
* Direct input init ok.
* Doing spu init...
* Spu open...