1. Yes
2. Soul Caliber, Sonic Adventure, Shenmue..ect. Look on Google for more.
3. Not sure as I don't play any homebrew really, search Google again
Good luck with your new addition to your gaming family
Do you hear a sound from the laser sounding like its going to explode and kill you and your family? Thats good because it means the DC laser is working

(No really it sounds like its gonna die its like weeeeeeeeeeeerrrrrrrrr! wwwwwwwwwaaaaaaaaaaaaaaaaaarrrrrrrrrrrr weeeeeeeeerrrrrrrrr!)
Does the orange light go on when you hit power? if it does, try rubbing the contacts on the A/V wire, and the A/V plug-in place with a q-tip dipped in rubbing alcohol. If that doesn't work and you don't hear the laser sounding like its going to eat you alive then it's probably dead

You should get this when you turn it on (or a screen like it asking for date/time)
READ MY EDIT OR PERISH!
Pull on the wire lightly, and bend it. Mine was messed up in my first wire, it was a rf box, I'm not sure if you have A/V or rf.
Random info you don't really need to know. --> (I got a new one that I thought was doing the same thing, but that was just the TV the second time

dang broken connection!)