4 frames slower / original stats / 8 frames slower
I think it's worth losing 4 frames in order to get the better stats (str and luck in particular). There are other possible stat combinations. You can get different stats by delaying the final attack of the battle +4 frames
I showed the +8 frame stats just to show how they can differWell I'm a coder !
This is why every person and every nation should bless Israel. Just recently, on the very same day an anti-Israel political party was formed in France (or so I hear), an Air-France airplane was violently torn apart in a storm in flight across the Atlantic. And almost every calamity that has recently stricken America has occurred within a short time from a decision made by the government to betray Israel.
Another screen warp. This one will bring you to another secret area. It's interesting... because you drop into a wall. Then you have to do the following: (remember you cannot see abe at all here, you can hear him and see his coords with ram watch though. You have to run far right, then running jump left, then keep running left. Finally, jump and move around. You should fall out to a secret screen. Abe is fully controllable here. Hopefully there are more useful screen warps later on)
Monsaic lines - around 4 seconds faster
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I need to find out how this is done:
http://www.youtube.com/watch?v=R31EmCdkD58
You land on a floor? after dropping through here. Running right brings you to the next screen (the normal screen to the right) and then freezes. Running left freezes immediately. Abe is alive if you stand still, you can chant and the red zapper thing hits you.....MD5: 28B28A1F9F69D0DE3110A468D7003B54 
I was happy when I first saw this. Unfortunately it's just the infinite symbol... you still run out... >.<
You can actually pick up a huge amount (you still have to manually pick them up). I've tested picking up to 181 grenades...(it seems to always crash at 182?) At this point, some slight graphics glitches start to occur.
Another weird thing is that if you enter a Paramonia stage where only meat can be found,,, but you already picked up 'infinite rocks' from another stage - those infinite rocks turn into infinite meat - im not sure if this is normal.
EDIT:
Rupture Farms
http://www.youtube.com/watch?v=ycw8IfokrNo
anomalous running/skidding = glitch
Thanks to the people who found and provided info on the auto-turn glitch.just to make sure, you know of the glitch/technique of jumping into screen boundary?
Anyway, if you could reach new checkpoints while out of screen, saving and loading might allow skipping of areas as well.
Argh, I should have seen this earlier. Yes, FF7 uses tables rather than a PRNG as such. In fact, I think the tables are saved in the save files. If not, they're in kernel.bin.
40 bits to be reckoned with, apparently. That seems like a lot.
I'm not really sure how the time spent decoding the RNG would compare to manipulating the old fashioned way, even over the course of the entire run.
LSS: L. Spiro Script. It's a scripting language inside MHS. I can't just wink an LSS script into existence and send it to you as I could with Lua, but it's worth a shot if FatRatKnight can't offer any better ideas.