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I'm not sure if you understand what it does....
If you are using HLE bios, when you load an elf or run a cd, the system calls are detected and executed in HLE mode (executed using native x86 code).
But when you are using a real bios, the emulator LOADS the bios into the emulated memory and then, the bios executes the syscalls itself, using it's own ps2 code (so the emu has to interpret/recompile that code and makes all the execution slower, but most times more compatible).
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