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I assume that codebreaker is an original cd-based disc?
I'm facing the same problem using action replay max. (Set- V9 with magic V).
Doing a cold start makes it a hit and miss thing. Chances of it loading from the browser is 1 : 10. However I've up the success rate by taping reset instead of loading it from the browser.
Seriously I've not tested on other orginal cd-based ps2 disc. I feel that magic V makes loading cd-based PS2 disc a hit and miss thing. However having said that, Magic V works flawlessly with DVD-Based games, dvd movies and PS1 CD. I've got a 100% success rate booting them from the browser.
If anyone could do more testing on it and provide a solution, it will be good.
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