FPSeCeis a First PlayStation Emulator for Windows CE (which now is called Windows mobile).

FPSEce v0.11 Changelog:

12/09/2010! Metal gear Solid & Rayman 2 works like a charm with perfect sound using lastest FPSEcE supporter version. 11/21/2010! Eject Function work now when you run game from shortcut. Change Disc work Now!! tested on MetalGear Solid!.

Source: Here