No, for some reason F2 does not access anything in this game. You can access the dip settings but all the dip does is open a test screen (test buttons, coin counter). In Point Blank 2 you press F2 to call up the full config menu where you can set coinage and free play as well as lives.
I've found this once before so why can'rt I find it again?!!!

Can't anyone out there running light guns (or not), just quickly boot this game and press everything they can think of? I've tried to no avail.