Yo pple..I had some problems starting up Silent Hill initially, same problem of hanging
at the KCET screen. Besides the accurate timing issue, there also seems to be some conflicts
between the game(the F4 thing?) and the memcard.
if there is no or an empty memcard, the game loads. The game refused to start (hanging at
the KCET screen) once there was an ingame save. The game started again once the memcard was
deleted...think there are some old posts regarding this issue.
Well, in the end I played through the game using savestates instead, with the memcard boxes intentionally left blank. i thought this might help you in getting Silent Hill started (yup as liaqatali
said it works with the new 1.4 too).

at the KCET screen. Besides the accurate timing issue, there also seems to be some conflicts
between the game(the F4 thing?) and the memcard.
if there is no or an empty memcard, the game loads. The game refused to start (hanging at
the KCET screen) once there was an ingame save. The game started again once the memcard was
deleted...think there are some old posts regarding this issue.
Well, in the end I played through the game using savestates instead, with the memcard boxes intentionally left blank. i thought this might help you in getting Silent Hill started (yup as liaqatali
said it works with the new 1.4 too).