yeah, this DOES work, but when i put in the ROM cd i hear a REALLY loud grinding noise. Knowing that is not good, i decided to steer away from that for a while lol.
It may be the black cd-rs that i got a while ago for the PS1 (looks and such

), because the imation cd-r's seem to boot fine. If you wanna enlighten me on this, lemme know :P