It's a relatively new system, a slimline v14 with a Matrix Infinity fitted in it. It has the latest 1.88 firmware. I don't understand what's wrong, sometimes the PSOne game will never boot at all. Other times it'll boot on every occasion many times in a row.
Every PS2 game whether on CD or DVD boots the first time with no troubles whatsoever. I want to play all the great PSOne RPGs with component out dammit. :/