0.02 released. Is now slightly faster due to using the latest SDL release, shouldn't crash when only using pak0.pak, and shouldn't crash in water. Also supports various resolutions up to 320x240 for those that want things to run even faster.
Woogal also added this:
Recompiled with paeryn's SDL which gives a little speed increase (12.2 fps average instead of 11.2), the bug which caused the crash when only using pak0.pak or entering water seems to have gone, and it's now possible to run at different screen resolutions (hardware scaled to fill the screen). Clocking to 250mhz and running at 240x180 should benchmark at around 20 fps.
If you're upgrading don't use the old qlaunch.gpe anymore. It shouldn't be needed, and may even cause problems.

Download Here --> http://gp2x-emulation.dcemu.co.uk/quake2x.shtml