THE BEST METHOD to run PSX games (and everything else for that matter) is via Retroarch - http://buildbot.libretro.com/nightly/
If you have any questions on how to set it up on Windows please feel free to ask, its very easy.
For the love of God, people, just make this Hang Out end already. I went to bed 9 hours ago and nothing has been posted since.
Either you fuckers have actually started finding stuff to do on your weekends, or you're all slipping.