Since it fails to launch even on Ti4x00 Cards, I presume the only chance would be 3D Analyzer (to workaround missing PS1.4 support of these cards).

If it works (unsure), a GeForce4 MX might yield playable performance, a GeForce2 MX might be hopelessly underpowered.

swShader 0.4 (Software Pixel Shader) from SourceForge is likely unable to solve the Problem (still too early in development), but might be worth a shot as well.