So I downloaded ePSXe all the BIOS, Plugins etc. and it all seems to be working correctly. Apart from when the game actually runs, saying that it does actually run (run's perfectly) apart from it being in SUPER FAST SPEED. I've tried Metal Slug, Wild Arms and FF6 all downloaded from different sites but whenever I run them, they all play at about 6x the speed and is impossible to play.

Plugins running
Video Plugin: Pete's OpenGL Driver 1.76
Sound: ePSXe SPU core 1.5.2
Cdrom: ePSXe CDR ASPI core 1.5.2

Bios: SCPH7502.BIN

I'd be extremely grateful for any assistance because all I want to do is play Wild Arms again ) :

You can also be in configuration, pres the Insert button, then there should be a lil' line of slots on the very top of the game rom thingy on the screen, press the Home button, since the speed is the first slot, press it til' you get your regular speed.

awesome, thanks DS and jman!

That fixed it no problem.