Okey dokey. Here's my ff7music folder:
http://www.megaupload.com/?d=IQOUEC33Works solid on 7 x64, has everything you need to rock n roll. Includes my trimming of the Remastered Soundtrack. You'll have to tweak the buffer settings on your own. Loopfudge should be the same as your out_wave.dll config's "buffer ahead on next track" setting. The pre-buffer should equal the difference between the buffer setting and the buffer ahead. Don't lower the buffer too much. It's set to 250 and that seems optimal.
The OSTRemastered profile in the ff7music.ini should look like this to make use of the loops/avoid issues in some loops.
[OSTRemastered]
aseri=07 - Hurry!.mp3
aseri2=08 - Hurry Faster!.mp3
ayasi=08 - Lurking in the Darkness.mp3
barret=1-06 - Barret's Theme (Loop).mp3
bat=10 - Fighting.mp3
bee=16 - Honeybee Manor.mp3
boo=3-02 - Life Stream (Loop).mp3
bokujo=05 - Farm Boy.mp3
canyon=01 - Cosmo Canyon.mp3
cannon=4-12 - The Makou Cannon Is Fired ~ Shinra Explodes (Loop).mp3
cephiros=05 - Those Chosen By The Planet.mp3
chu=20 - Still More Fighting.mp3
chu2=14 - J-E-N-O-V-A.mp3
chase=1-22 - Crazy Motorcycle (Loop).mp3
cinco=08 - Cinco De Chocobo.mp3
cintro=05 - Those Chosen By The Planet.mp3
condor=10 - Fortress Of The Condor.mp3
costa=16 - Costa Del Sol.mp3
comical=14 - J-E-N-O-V-A.mp3
corel=18 - Mining Town.mp3
corneo=18 - Don of the Slums.mp3
crwin=13 - A Great Success.mp3
crlost=14 - Tango Of Tears.mp3
date=16 - Interrupted By Fireworks.mp3
dokubo=14 - Underneath the Rotting Pizza.mp3
dun2=09 - Chasing The Black-Caped Man.mp3
earislo=12 - Flowers Blooming in the Church.mp3
earis=19 - Aerith's Theme.mp3
elec=07 - Electric De Chocobo.mp3
fanfare=11 - Fanfare.mp3
fan2=1-11 - Fanfare (Loop).mp3
fiddle=12 - Fiddle De Chocobo.mp3
fin=17 - World Crisis.mp3
geki=15 - Debut.mp3
gold1=19 - Gold Saucer.mp3
gun=01 - Shinra Army Wages A Full-Scale Attack.mp3
guitar2=07 - On The Other Side Of The Mountain.mp3
hen=23 - Who Am I.mp3
hiku=03 - Highwind Takes To The Skies.mp3
horror=13 - Trail Of Blood.mp3
iseki=18 - You Can Hear The Cry Of The Planet.mp3
jukai=17 - Forested Temple.mp3
junon=06 - Off The Edge Of Despair.mp3
jyro=08 - Steal The Tiny Bronco!.mp3
ketc=20 - Cait Sith's Theme.mp3
kita=21 - The Great Northern Cave.mp3
kurai=04 - Anxious Heart.mp3
lb1=4-15 - The Birth Of God (Loop).mp3
lb2=4-16 - One-Winged Angel (Loop).mp3
ld=13 - Judgement Day.mp3
mati=02 - Ahead On Our Way.mp3
makoro=03 - Makou Reactor.mp3
mekyu=22 - Reunion.mp3
mura1=05 - Parochial Town.mp3
oa=02 - Opening ~ Bombing Mission.mp3
ob=02 - Bombing Mission.mp3
odds=11 - Racing Chocobo ~ Place Your Bets.mp3
over2=15 - Continue.mp3
parade=11 - Rufus Welcomming Ceremony.mp3
pj=14 - Jenova Absolute.mp3
pre=01 - Prelude.mp3
red=21 - Red XIII's Theme.mp3
rhythm=13 - Turk's Theme.mp3
roll=18 - Staff Roll.mp3
ro=10 - The Countdown Begins.mp3
rocket=15 - Oppressed People.mp3
rukei=21 - Sandy Badlands.mp3
sadsid=09 - Sending A Dream Into The Universe.mp3
sadbar=17 - Mark Of The Traitor.mp3
seto=03 - Great Warrior.mp3
sea=04 - A Secret Sleeping In The Deep Sea.mp3
sido=12 - It's Difficult To Stand On Both Feet, Isn't It.mp3
siera=11 - If You Open Your Hearts.mp3
sinraslo=19 - Infiltrating Shinra Tower.mp3
sinra=09 - Shinra Company.mp3
sid2=07 - Cid's Theme.mp3
snow=20 - Buried In The Snow.mp3
ta=01 - Final Fantasy VII Main Theme.mp3
tb=01 - Final Fantasy VII Main Theme.mp3
tender=23 - Holding My Thoughts In My Heart.mp3
tifa=05 - Tifa's Theme.mp3
tm=04 - On That Day, Five Years Ago.mp3
utai=3-09 - Utai (Loop).mp3
vincent=06 - The Nightmare's Beginning.mp3
walz=06 - Waltz De Chocobo.mp3
weapon=4-02 - Weapon Raid (Loop).mp3
yado=03 - Good Night, Until Tomorrow.mp3
yufi2=10 - Stolen Materia.mp3
yufi=04 - Descendant Of Shinobi.mp3
yume=17 - Who Are You.mp3
lb2_awe=4-16 - One-Winged Angel (Loop).mp3
Recently re-edited to have the latest updates to the remastered soundtrack, better looping on the bombing mission, psf support (not that you'll want it), and proper buffer settings already. This works perfectly on Windows 7 x64, and should work with most other Windows x64 systems. For x86 OS, you should edit the file paths in the profiles tab to the appropriate addresses.
*now includes trimmed mako reactor redux.