Already tried it on my m3. It froze about four times when exiting the character creation screen. After I made it through that screen, it froze when exiting a battle. It seems that this game has anti-piracy security, just as the Japanese release had.
If it has the same type of AP, then Cyclo should be able to play it.
Not many cards have an Anti-Anti-Piracy system, most cards just fix the AP for each individual game.