Game icons in the main window ?

Sooo...i was playing SRW Z3, and when you first start the game it "installs" itself to your "hdd0", right ? And in the main emu window there is a "game list" area with SRW Z3 icon and stats. But when i double-click that icon all it says is "E LDR: Failed to boot /dev_hdd0/game/BLJS10256_DATA". Is that normal or should it load the game and i just did something wrong in the options somewhere ?