Not VGM per se, but it's definitely related (the discs say "THIS IS NOT A GAME" anyway). :P
I believe "Icelandic Break" from "East West: Breakz from the Nu Skool" is the drumloop used in the menu theme for
Action Replay MAX. The bitrate of the actual audio file on the CD is apparently only 96kbps, so naturally parts of the original loop is nearly inaudible. Also in the first few seconds of the song there are are some other samples that drowns out the percussion, but at about 0:03 you can definitely hear the percussion of the "Icelandic Break" sample.