Current WIP on the PCSX2 0.9.2 beta has led to the PAL (SCES 5049x) version of Final Fantasy X being Playable. Thanks to a variety of fixes made by various members of the team, including;

• MTGS / DC mode stability - Great for Dual Core / CPU users!
• IPU fixes, including fully working sound in videos
• Pause and sync issues, no more random hangs, looping etc
• SPU2 fixes, including ADMA, and timing related issues.
  

With MTGS (Multi Threaded GS) / DC (Dual Core) features gaining improved stability, the game can be played at 'enjoyable' speeds, ranging from a base speed of 29 FPS in the most intense areas, right up to the peak speeds of over 140 FPS.[1]

This means that the US, Japanese and finally the European versions of Final Fantasy X are fully playable!

Enjoy the shots posted on the PCSX2 official forums! here

[1] Speed based on:
AMD64 X2 4400+ @ 2.2GHz | 1GB RAM | Any PS2.0 supporting GPU