i tried a couple of games, but they always getting stuck after creating their memory card files.
I tried it with a VMC and on the FMCB installed memory card. No Success on both.
This is a possible problem.
i.e. if you have a 64 real MC in slot one and a 64 VMC some games (like 007 AUF) would give you a black screen before the MC check.
Always create 8MB VMC.