Look through the cheat codes file and try to find cheat codes that will get you past your booting issues. nodma, scsi=off and noapic are good places to start. Or try booting in expert mode and make good notes about all of your answers; when it hangs try again and answer the question where it hung differently.

And I'll take it on faith that the CD is good, but working on a different system means nothing. If it was burnt at high speed you would do yourself a favor by doing another low speed burn just to be safe and rule that out as an issue.