I understand the inconsistency of load times on emu, but many other games that have emulators allow emulator but cannot be below a certain time. Is that the case here? I really want to run this game but have no way to record it.

Unfortunately due to the inconsistent load times and variables with peoples PCs and such. Emulators are not allowed for speedruns of any of the PS2 KH games. Sorry D:

Keep in mind you can still use it to learn and practice :). That is what I am doing.