Hah, the Silent Hill Origins video skip patch is no longer needed to go into the menu. Grats team!
However the video that comes right after new game, does hang. It works with the patch as provided anyway, which skips videos. As said, there's some texture corruption which disappears/reappears as you press start, other than that seems fine, infinite times better than ps2 for sure.
Saint Seiya: Chapter Sanctuary videos fixed also
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Katamari Damacy, not fixed.