Holding select allows the player to float (after testing: doesn't work in all versions, further testing required).

Terrible movement on my part so I expect if the top runners use this glitch they'll easily beat my time.

Re-timed to 38:31. Congrats! Hope you get the other records.

Played on PSP 2000 Series, Game Version ULES-01351 (EU-Disk), recorded with RemoteJoy. No audio because I messed up recording settings.