Emulator

Choose your "plugins" folder if in need.
Execute "ePSXeLauncher.exe", Menu Config -> Wizzard Guide
1. Bios
Ex: scph1001 - USA
2. Video
Ex: Without cheat: Pete's D3D Driver 1.50
Ex: With cheat: psx emulation cheater 2.5, Click Config -> Pete's D3D Driver 1.50
3. Sound
Ex: ePSXe SPU core 1.7.0
4. CDRom
Ex: |Zink88|'s Disk Image Driver 0.9
5. Pads
Ex: controller1 [SCPH-1080] Digital
V - L2
A - L1
E - Up
S - Left
D - Down
F - Right
M - R2
; - R1
I - Triangle
L - Round
K - X
J - Square
6. Menu File -> Run ISO -> Choose your cd image -> play :)

Execute "pcsx2.exe", Menu Config -> Plugin/BIOS Selector...
BIOS:
Ex: USA v02.20(10/02/2006) Console
Plugins:
1. GS
Ex: GSdx 3068 (MSVC 10.00, SSSE3) 0.1.16 [GSdx-SSSE3]
2. PAD
Ex: LilyPad svn (r2930) 0.10.0 [LilyPad]
3. SPU2
Ex: SPU2-X r3117 1.4.0 [SPU2-X]
4. CDVD
Ex: Linuz Iso CDVD 0.9.0 [CDVDiso]
5. USB
Ex: USBnull Driver 0.7.0 [USBnull]
6. FW:
FWnull Driver 0.6.0 [FWnull]
7. DEV9:
DEVnull Driver 0.5.0 [DEVnull]
8. Menu System -> Boot CDVD (fast) -> Choose your dvd image -> play :)