Kev...
I am running the same setup as you, ArcadeVGA, D9200, Act Labs USB Lightgun... I haden't tried it since I got the rcadeVGA card running the other day. So I just went down and checked... After a quick recallibration, Operation Wolf, Chiller, Vs. Hogan's Alley, Area 51, Maximum Force, Vs. Duck Hunt, Those are the games I just tried out and they all worked perfectly. Still no go with Terminator 2 but you can't expect everything.
Thought that might help though...