I don't believe so... I'll describe the error below.
I double-click the ff7.exe file, and the screen goes black, as if going into full screen mode. I hear the Eidos FMV intro sound, but the screen remains black. After the Eidos sound, another sound begins, but abruptly stops. Then Task Manager says the program is not responding. To sum it up, I hear a sound, but I get no visuals whatsoever.
The issue occurs when I try to play the game using the actual discs, and also when I mount the first disc image from the actual drive. I have the Chocobo Race patch, the 1.02 patch, and the directshow video codec installed. I'm running Vista from a laptop with a 1.8 Ghz processor and 2Gb of RAM.
I'm not asking you to help me find out what's wrong; it's a lot of work, and I know it'd be a hassle. I'm just posting these specs for the off chance that someone wants to pursue it.