Hold on - what are you trying to do?
From what I see... you're trying to launch the game... (Or are you trying to start the FMCB installer)?
If you can start uLaunchELF, then you could just start the FMCB installer from a USB disk.
Anyways, some information on the errors you've got:
1. PS2 DVDs MUST be stored as MODE1/2048 images.
2. You won't find a .ELF as the main (As listed in SYSTEM.CNF) ELF for games. Game companies name their main executables as the game's SCE disc ID (SLXX-XXXX.XX).
SCPH-10000 S. MINOKAMO v1.01 (Defunct)
SCPH-10000 S. KISARAZU v1.00 (faulty)
SCPH-15000 S. KOHDA (With warranty seal!) :D
DESR-5100 S. EMCS