I wonder if this could be used to "break the game" in some ways. Like what if you set up the fireballs so that two cutscenes would be triggered at once? Or how many actions can the game handle at once before it freezes or crashes?

This the the Spyro Freeze Cheat, and it's incredible. You are able to freeze everything, basically. As you'll see in the video, the possibilities are endless. If you wish, please post videos here! I'd love to see all the wacky things you can get up to.