Yes there is, at least I was able to watch the whole Leon and Claire Intro and played until the part you get to the police station.
Then I just started playing the PSX version, because the N64 version looks really horrible on the PC.
Look at the Mupen64 forum.
You need to use glide, a glide wrapper (i don't remember which, but it's somewhere in mupen's forum) and mupem.