You have to copy/paste the emulator folder into the GAME folder. You are at 1.50 now? Are you using a 1.50 emulator? download this and copy the folder into the Game folder http://www.megaupload.com/?d=XJSSP0YJ.
no im at 4.01 m33-2 its awesome! i figured out to just put the emulator into the game150 folder and it works fine. although i need a better emulator because this one lags =/