Looks fine but game crash after scene with burning house.  
I tried few plugins, options and settings but effect is the same. 
I was wondering is there possible to play game without crashes using load game but I can't convert PS 2 save game format ("psv", "cbs" - founded on sites with saves) for emu saves format. Anyone tried?  
This is US version of Silent Hill. On PCSX 0.9.6 game will freeze on loading screen. 
Still isn't playable... :|