Well, ati2mtag.sys is the video driver miniport, which is patched in CRT Emudriver to enable the extra amount of video modes. First, check how many modes are active in your system, theoretically CRT Emudriver 6.5/32-bits is stable with up to 200 modes, but the fact it doesn't crash on my system doesn't mean it can't crash on yours, after all this is a hack and some memory is being overwritten. So try lowering the amount of modes first, to something reasonable. By the way, does it only happen with Gauntlet?
As a side note, one friend of mine started to have similar issues in his cabinet with an ATI 9250 AGP, it started as random crashes upon video mode switching, then it got more frequent and finally it wouldn't enter Windows at all. It turned out the AGP port was broken, probably due to the video card being loose inside his build, damaging the port eventually. I wish it's not the same thing.