It should work with any FMV. You can check if it is installed correctly:
While in-game:
- press "Ctrl"
- release "Ctrl"
- press "Q"
- release "Q"
If Gypt has been installed correctly, the "Are you sure you want..." dialog
shouldn't appear. It will appear only if applying Gypt wasn't successful.
To make that window appear:
- press "Ctrl" and hold it
- press "Q"
- release "Q"
- release "Ctrl"
The same goes with Ctrl+S. It has to be activated this way. Oh, and if it seems that it didn't work, press it again
Just remember, that even if the intro movie is skipped, FF7 still waits for <OK> button to be pressed - after skipping 2 FMVs, it'll display credits.
If it still doesn't work and reading debug info (debug.txt in your FF7 main directory) doesn't help with discovering what the problem is, email/PM me - I'll try to help.
dziugo