Thanks for the new release! I was getting scarred because we went a whole day without a comment on this thread!
I do notice an increase in speed for 2D stuff and menus in FFVII, but the battle sequences are noticably slower. The framerate is only slightly lower, but the speed at which everything happens is reduced. Also, with a frameskip greater than two, there are times where it will jump back and display a frame that was displayed 2 or 3 frames ago, and do it a few times. This didn't happen in the v.0.30 release. Good call on the screen cropping, I was about to recommend something along the lines of that, but you already implemented it! Keep up the great work!