Ive been working (slowly) on another xmugen build but I cant get it to boot since I installed R31744 - driving me nuts

I have tried booting from a shortcut or within a file manger. blank screen - nothing - does not engage the 480p mode I assume.
Ive messed around with most things - maybe I am missing something & someone can help me spot it.
XBOX 1.1 - hardchipped (smartXX)
Component connection - XBMC @ 720p
BIOS unchanged: x2 5037.137 - tried others (no effect)
480p & 720p & 1080i enabled in Xdash (tried enabling & disabling1080i - no effect)
tried xmugen in F:\Emulators - no change. It was working in F:\Games\xmugen
Have tried booting via R31744 into R3.2.1 (my earlier working build) & no effect
tried booting it via Unleash via R31744 & no effect
I cleaned X:, Y:, & Z & E;\Cache - no effect
A few commercial games I tested (on the HDD) seem to work fine - all via the games shortcuts.
The only way I can get it to boot is via a a boot disc (frostys rescue disc)
I also tried all this on my sons XBOX (he had a working xmugen on there too) & I redid his XBOX with the new R31744 build. Now has the same xmugen issue as mine. I can get xmugen to boot with Frostys boot disc.
so the game definitely works but it doesn't within xbmc4xbox now - even on my previous builds?
Have I messed up. Is there something I am missing......help is appreciated

can anyone suggest something?
debug log (for what its worth): http://pastebin.com/wUyqmmyb
mugenboot code: http://pastebin.com/TsWdgSgw