Tested on recent master build v0.0.1-8-60bd2fb. One of Spurs threads crashes on autosaving screen, but you could reach menus and level selection, if press Resume.
Code:
F {SPU[0x41] Thread (VisionCellSpursKernel4)} class std::runtime_error thrown: Unknown STOP code: 0x0 (Out_MBox is empty)
(in file C:\rpcs3\rpcs3\Emu\Cell\SPUThread.cpp:1387)