Hi there - and welcome!
Have you actually got it all up and running happily? I too had difficulties getting it all running, and eventually determined that my KS3.1 ROM was corrupt (or something!) - unfortunately I haven't quite figured out where the relevant files are stored on the AF 2005, so I'm running using the CD32 ROM from an earlier version of AF that I transferred from my old PC...
What Mac are you using? Sounds like it's a bit more capable than my mini... :-)