Unfortunately, I'm not on MY computer (I'm at work) so I can't answer some of the question. I have played the some of the movies... However, I can't remember if they were the ones I copied to my hard drive or straight from the CD.

I can run the FF7Config... In fact, when I double-click the Final Fantasy VII Icon, the config dialog box pops up. When I hit "OK" it then gives me the "Please insert disk" message. But I have tried and succeeded in running the config by itself.