Nah, I played and beat Final Fantasy 8 fine early last year. It's definetly working perfect, I don't remeber any obvious errors with the game. Didn't get to play much of FF9, but for the 2 minutes I played it, it seemed ok.
Chrono Cross, however, still wasn't working. You could get it playing with the -noauto trick. On my computer, it just plain runs too fast (which you'd think would mean you could simply slow it down, but it'd slow down TOO much). I tried to figure it out, but I stopped bothering and am waiting for the ePSXe people to fix it.