diff --git a/pcsx2/CDVD/CDVD.cpp b/pcsx2/CDVD/CDVD.cpp
index d83678ba09..9d0e8ed5d2 100644
--- a/pcsx2/CDVD/CDVD.cpp
+++ b/pcsx2/CDVD/CDVD.cpp
@@ -934,10 +934,14 @@ void cdvdReset()
 	cdvdCtrlTrayClose();
 }
 
-void SaveStateBase::cdvdFreeze()
+bool SaveStateBase::cdvdFreeze()
 {
-	FreezeTag("cdvd");
+	if (!FreezeTag("cdvd"))
+		return false;
+
 	Freeze(cdvd);
+	if (!IsOkay())
+		return false;
 
 	if (IsLoading())
 	{
@@ -948,6 +952,8 @@ void SaveStateBase::cdvdFreeze()
 		if (cdvd.Reading)
 			cdvd.RErr = DoCDVDreadTrack(cdvd.Readed ? cdvd.Sector : cdvd.SeekToSector, cdvd.ReadMode);
 	}
+
+	return true;
 }
 
 void cdvdNewDiskCB()
diff --git a/pcsx2/CDVD/Ps1CD.cpp b/pcsx2/CDVD/Ps1CD.cpp
index 8f2a9973e9..6f4a480e54 100644
--- a/pcsx2/CDVD/Ps1CD.cpp
+++ b/pcsx2/CDVD/Ps1CD.cpp
@@ -1114,8 +1114,11 @@ void cdrReset()
 	cdReadTime = (PSXCLK / 1757) * BIAS;
 }
 
-void SaveStateBase::cdrFreeze()
+bool SaveStateBase::cdrFreeze()
 {
-	FreezeTag("cdrom");
+	if (!FreezeTag("cdrom"))
+		return false;
+
 	Freeze(cdr);
+	return IsOkay();
 }
diff --git a/pcsx2/Counters.cpp b/pcsx2/Counters.cpp
index fee3d2f36f..2b3ad8b1e4 100644
--- a/pcsx2/Counters.cpp
+++ b/pcsx2/Counters.cpp
@@ -1156,7 +1156,7 @@ template u16 rcntRead32<0x01>( u32 mem );
 template bool rcntWrite32<0x00>( u32 mem, mem32_t& value );
 template bool rcntWrite32<0x01>( u32 mem, mem32_t& value );
 
-void SaveStateBase::rcntFreeze()
+bool SaveStateBase::rcntFreeze()
 {
 	Freeze( counters );
 	Freeze( hsyncCounter );
@@ -1170,4 +1170,6 @@ void SaveStateBase::rcntFreeze()
 
 	if( IsLoading() )
 		cpuRcntSet();
+
+	return IsOkay();
 }
diff --git a/pcsx2/GS.cpp b/pcsx2/GS.cpp
index 721ccd60fc..c52a9e5eed 100644
--- a/pcsx2/GS.cpp
+++ b/pcsx2/GS.cpp
@@ -372,9 +372,10 @@ void gsPostVsyncStart()
 	MTGS::PostVsyncStart(registers_written);
 }
 
-void SaveStateBase::gsFreeze()
+bool SaveStateBase::gsFreeze()
 {
 	FreezeMem(PS2MEM_GS, 0x2000);
 	Freeze(gsVideoMode);
+	return IsOkay();
 }
 
diff --git a/pcsx2/Gif.cpp b/pcsx2/Gif.cpp
index b6e631c8f7..628fbbed51 100644
--- a/pcsx2/Gif.cpp
+++ b/pcsx2/Gif.cpp
@@ -804,10 +804,14 @@ void gifMFIFOInterrupt()
 	DMA_LOG("GIF MFIFO DMA End");
 }
 
-void SaveStateBase::gifDmaFreeze()
+bool SaveStateBase::gifDmaFreeze()
 {
 	// Note: mfifocycles is not a persistent var, so no need to save it here.
-	FreezeTag("GIFdma");
+	if (!FreezeTag("GIFdma"))
+		return false;
+
 	Freeze(gif);
 	Freeze(gif_fifo);
+
+	return IsOkay();
 }
diff --git a/pcsx2/Gif_Unit.cpp b/pcsx2/Gif_Unit.cpp
index 46b057d848..3ca7c67d33 100644
--- a/pcsx2/Gif_Unit.cpp
+++ b/pcsx2/Gif_Unit.cpp
@@ -195,7 +195,7 @@ void Gif_FinishIRQ()
 	}
 }
 
-void SaveStateBase::gifPathFreeze(u32 path)
+bool SaveStateBase::gifPathFreeze(u32 path)
 {
 
 	Gif_Path& gifPath = gifUnit.gifPath[path];
@@ -220,14 +220,18 @@ void SaveStateBase::gifPathFreeze(u32 path)
 		gifPath.readAmount = 0;
 		gifPath.gsPack.readAmount = 0;
 	}
+
+	return IsOkay();
 }
 
-void SaveStateBase::gifFreeze()
+bool SaveStateBase::gifFreeze()
 {
 	bool mtvuMode = THREAD_VU1;
 	pxAssert(vu1Thread.IsDone());
 	MTGS::WaitGS();
-	FreezeTag("Gif Unit");
+	if (!FreezeTag("Gif Unit"))
+		return false;
+
 	Freeze(mtvuMode);
 	Freeze(gifUnit.stat);
 	Freeze(gifUnit.gsSIGNAL);
@@ -244,4 +248,6 @@ void SaveStateBase::gifFreeze()
 			// ToDo: gifUnit.SwitchMTVU(mtvuMode);
 		}
 	}
+
+	return true;
 }
diff --git a/pcsx2/IPU/IPU.cpp b/pcsx2/IPU/IPU.cpp
index 5c8bcde575..55d245d063 100644
--- a/pcsx2/IPU/IPU.cpp
+++ b/pcsx2/IPU/IPU.cpp
@@ -134,11 +134,13 @@ void ReportIPU()
 	Console.Newline();
 }
 
-void SaveStateBase::ipuFreeze()
+bool SaveStateBase::ipuFreeze()
 {
 	// Get a report of the status of the ipu variables when saving and loading savestates.
 	//ReportIPU();
-	FreezeTag("IPU");
+	if (!FreezeTag("IPU"))
+		return false;
+
 	Freeze(ipu_fifo);
 
 	Freeze(g_BP);
@@ -147,6 +149,8 @@ void SaveStateBase::ipuFreeze()
 	Freeze(coded_block_pattern);
 	Freeze(decoder);
 	Freeze(ipu_cmd);
+
+	return IsOkay();
 }
 
 void tIPU_CMD_IDEC::log() const
diff --git a/pcsx2/IPU/IPUdma.cpp b/pcsx2/IPU/IPUdma.cpp
index eebc4f6779..44053159ff 100644
--- a/pcsx2/IPU/IPUdma.cpp
+++ b/pcsx2/IPU/IPUdma.cpp
@@ -31,11 +31,14 @@ void ipuDmaReset()
 	ProcessedData			= 0;
 }
 
-void SaveStateBase::ipuDmaFreeze()
+bool SaveStateBase::ipuDmaFreeze()
 {
-	FreezeTag( "IPUdma" );
+	if (!FreezeTag("IPUdma"))
+		return false;
+
 	Freeze(IPU1Status);
 	Freeze(CommandExecuteQueued);
+	return IsOkay();
 }
 
 static __fi int IPU1chain() {
diff --git a/pcsx2/IopCounters.cpp b/pcsx2/IopCounters.cpp
index 55ce15b98f..9216e8517e 100644
--- a/pcsx2/IopCounters.cpp
+++ b/pcsx2/IopCounters.cpp
@@ -880,9 +880,10 @@ void psxRcntSetGates()
 		psxvblankgate &= ~(1 << 3);
 }
 
-void SaveStateBase::psxRcntFreeze()
+bool SaveStateBase::psxRcntFreeze()
 {
-	FreezeTag("iopCounters");
+	if (!FreezeTag("iopCounters"))
+		return false;
 
 	Freeze(psxCounters);
 	Freeze(psxNextCounter);
@@ -890,6 +891,11 @@ void SaveStateBase::psxRcntFreeze()
 	Freeze(psxvblankgate);
 	Freeze(psxhblankgate);
 
+	if (!IsOkay())
+		return false;
+
 	if (IsLoading())
 		psxRcntUpdate();
+
+	return true;
 }
diff --git a/pcsx2/MTVU.cpp b/pcsx2/MTVU.cpp
index f5721e7fd7..96727fe4c9 100644
--- a/pcsx2/MTVU.cpp
+++ b/pcsx2/MTVU.cpp
@@ -57,9 +57,11 @@ static void MTVU_Unpack(void* data, VIFregisters& vifRegs)
 }
 
 // Called on Saving/Loading states...
-void SaveStateBase::mtvuFreeze()
+bool SaveStateBase::mtvuFreeze()
 {
-	FreezeTag("MTVU");
+	if (!FreezeTag("MTVU"))
+		return false;
+
 	pxAssert(vu1Thread.IsDone());
 	if (!IsSaving())
 	{
@@ -88,6 +90,7 @@ void SaveStateBase::mtvuFreeze()
 	vu1Thread.gsLabel.store(gsLabel);
 
 	Freeze(vu1Thread.vuCycleIdx);
+	return IsOkay();
 }
 
 VU_Thread::VU_Thread()
diff --git a/pcsx2/R5900OpcodeImpl.cpp b/pcsx2/R5900OpcodeImpl.cpp
index ae17ff77f2..5773cf5268 100644
--- a/pcsx2/R5900OpcodeImpl.cpp
+++ b/pcsx2/R5900OpcodeImpl.cpp
@@ -157,13 +157,16 @@ void Deci2Reset()
 	std::memset(deci2buffer, 0, sizeof(deci2buffer));
 }
 
-void SaveStateBase::deci2Freeze()
+bool SaveStateBase::deci2Freeze()
 {
-	FreezeTag( "deci2" );
+	if (!FreezeTag("deci2"))
+		return false;
 
 	Freeze( deci2addr );
 	Freeze( deci2handler );
 	Freeze( deci2buffer );
+
+	return IsOkay();
 }
 
 /*
diff --git a/pcsx2/Recording/InputRecording.cpp b/pcsx2/Recording/InputRecording.cpp
index 255abac645..fe5a63c810 100644
--- a/pcsx2/Recording/InputRecording.cpp
+++ b/pcsx2/Recording/InputRecording.cpp
@@ -19,12 +19,15 @@
 #include "MTGS.h"
 #include "SaveState.h"
 
-void SaveStateBase::InputRecordingFreeze()
+bool SaveStateBase::InputRecordingFreeze()
 {
 	// NOTE - BE CAREFUL
 	// CHANGING THIS WILL BREAK BACKWARDS COMPATIBILITY ON SAVESTATES
-	FreezeTag("InputRecording");
+	if (!FreezeTag("InputRecording"))
+		return false;
+
 	Freeze(g_FrameCount);
+	return IsOkay();
 }
 
 #include "InputRecording.h"
diff --git a/pcsx2/SPR.cpp b/pcsx2/SPR.cpp
index fd36baa4de..7da082f97e 100644
--- a/pcsx2/SPR.cpp
+++ b/pcsx2/SPR.cpp
@@ -541,11 +541,14 @@ void SPRTOinterrupt()
 	hwDmacIrq(DMAC_TO_SPR);
 }
 
-void SaveStateBase::sprFreeze()
+bool SaveStateBase::sprFreeze()
 {
-	FreezeTag("SPRdma");
+	if (!FreezeTag("SPRdma"))
+		return false;
 
 	Freeze(spr0finished);
 	Freeze(spr1finished);
 	Freeze(mfifotransferred);
+
+	return IsOkay();
 }
diff --git a/pcsx2/SaveState.cpp b/pcsx2/SaveState.cpp
index 82fdb78e27..468257818e 100644
--- a/pcsx2/SaveState.cpp
+++ b/pcsx2/SaveState.cpp
@@ -39,6 +39,7 @@
 #include "VUmicro.h"
 #include "ps2/BiosTools.h"
 
+#include "common/Error.h"
 #include "common/FileSystem.h"
 #include "common/Path.h"
 #include "common/SafeArray.inl"
@@ -109,24 +110,35 @@ void SaveStateBase::Init( SafeArray<u8>* memblock )
 	m_memory	= memblock;
 	m_version	= g_SaveVersion;
 	m_idx		= 0;
+	m_error = false;
 }
 
 void SaveStateBase::PrepBlock( int size )
 {
 	pxAssertDev( m_memory, "Savestate memory/buffer pointer is null!" );
+	if (m_error)
+		return;
 
 	const int end = m_idx+size;
-	if( IsSaving() )
-		m_memory->MakeRoomFor( end );
+	if (IsSaving())
+	{
+		m_memory->MakeRoomFor(end);
+	}
 	else
 	{
-		if( m_memory->GetSizeInBytes() < end )
-			throw Exception::SaveStateLoadError();
+		if (m_memory->GetSizeInBytes() < end)
+		{
+			Console.Error("(SaveStateBase) Buffer overflow in PrepBlock(), expected %d got %d", end, m_memory->GetSizeInBytes());
+			m_error = true;
+		}
 	}
 }
 
-void SaveStateBase::FreezeTag(const char* src)
+bool SaveStateBase::FreezeTag(const char* src)
 {
+	if (m_error)
+		return false;
+
 	char tagspace[32];
 	pxAssertDev(std::strlen(src) < (sizeof(tagspace) - 1), "Tag name exceeds the allowed length");
 
@@ -136,15 +148,18 @@ void SaveStateBase::FreezeTag(const char* src)
 
 	if (std::strcmp(tagspace, src) != 0)
 	{
-		std::string msg(fmt::format("Savestate data corruption detected while reading tag: {}", src));
-		pxFail(msg.c_str());
-		throw Exception::SaveStateLoadError().SetDiagMsg(std::move(msg));
+		Console.Error(fmt::format("Savestate data corruption detected while reading tag: {}", src));
+		m_error = true;
+		return false;
 	}
+
+	return true;
 }
 
-SaveStateBase& SaveStateBase::FreezeBios()
+bool SaveStateBase::FreezeBios()
 {
-	FreezeTag( "BIOS" );
+	if (!FreezeTag("BIOS"))
+		return false;
 
 	// Check the BIOS, and issue a warning if the bios for this state
 	// doesn't match the bios currently being used (chances are it'll still
@@ -170,29 +185,35 @@ SaveStateBase& SaveStateBase::FreezeBios()
 		);
 	}
 
-	return *this;
+	return IsOkay();
 }
 
-SaveStateBase& SaveStateBase::FreezeInternals()
+bool SaveStateBase::FreezeInternals()
 {
 	// Print this until the MTVU problem in gifPathFreeze is taken care of (rama)
-	if (THREAD_VU1) Console.Warning("MTVU speedhack is enabled, saved states may not be stable");
+	if (THREAD_VU1)
+		Console.Warning("MTVU speedhack is enabled, saved states may not be stable");
 
-	vmFreeze();
+	if (!vmFreeze())
+		return false;
 
 	// Second Block - Various CPU Registers and States
 	// -----------------------------------------------
-	FreezeTag( "cpuRegs" );
+	if (!FreezeTag("cpuRegs"))
+		return false;
+
 	Freeze(cpuRegs);		// cpu regs + COP0
 	Freeze(psxRegs);		// iop regs
 	Freeze(fpuRegs);
 	Freeze(tlb);			// tlbs
 	Freeze(AllowParams1);	//OSDConfig written (Fast Boot)
 	Freeze(AllowParams2);
-	
+
 	// Third Block - Cycle Timers and Events
 	// -------------------------------------
-	FreezeTag( "Cycles" );
+	if (!FreezeTag("Cycles"))
+		return false;
+
 	Freeze(EEsCycle);
 	Freeze(EEoCycle);
 	Freeze(nextCounter);
@@ -202,39 +223,45 @@ SaveStateBase& SaveStateBase::FreezeInternals()
 
 	// Fourth Block - EE-related systems
 	// ---------------------------------
-	FreezeTag( "EE-Subsystems" );
-	rcntFreeze();
-	gsFreeze();
-	vuMicroFreeze();
-	vuJITFreeze();
-	vif0Freeze();
-	vif1Freeze();
-	sifFreeze();
-	ipuFreeze();
-	ipuDmaFreeze();
-	gifFreeze();
-	gifDmaFreeze();
-	sprFreeze();
-	mtvuFreeze();
+	if (!FreezeTag("EE-Subsystems"))
+		return false;
+
+	bool okay = rcntFreeze();
+	okay = okay && gsFreeze();
+	okay = okay && vuMicroFreeze();
+	okay = okay && vuJITFreeze();
+	okay = okay && vif0Freeze();
+	okay = okay && vif1Freeze();
+	okay = okay && sifFreeze();
+	okay = okay && ipuFreeze();
+	okay = okay && ipuDmaFreeze();
+	okay = okay && gifFreeze();
+	okay = okay && gifDmaFreeze();
+	okay = okay && sprFreeze();
+	okay = okay && mtvuFreeze();
+	if (!okay)
+		return false;
 
 	// Fifth Block - iop-related systems
 	// ---------------------------------
-	FreezeTag( "IOP-Subsystems" );
+	if (!FreezeTag("IOP-Subsystems"))
+		return false;
+
 	FreezeMem(iopMem->Sif, sizeof(iopMem->Sif));		// iop's sif memory (not really needed, but oh well)
 
-	psxRcntFreeze();
-	sioFreeze();
-	sio2Freeze();
-	cdrFreeze();
-	cdvdFreeze();
+	okay = okay && psxRcntFreeze();
+	okay = okay && sioFreeze();
+	okay = okay && sio2Freeze();
+	okay = okay && cdrFreeze();
+	okay = okay && cdvdFreeze();
 
 	// technically this is HLE BIOS territory, but we don't have enough such stuff
 	// to merit an HLE Bios sub-section... yet.
-	deci2Freeze();
+	okay = okay && deci2Freeze();
 
-	InputRecordingFreeze();
+	okay = okay && InputRecordingFreeze();
 
-	return *this;
+	return okay;
 }
 
 
@@ -287,27 +314,17 @@ memLoadingState::memLoadingState( const SafeArray<u8>* load_from )
 // Loading of state data from a memory buffer...
 void memLoadingState::FreezeMem( void* data, int size )
 {
+	if (m_error)
+	{
+		std::memset(data, 0, size);
+		return;
+	}
+
 	const u8* const src = m_memory->GetPtr(m_idx);
 	m_idx += size;
 	memcpy( data, src, size );
 }
 
-std::string Exception::SaveStateLoadError::FormatDiagnosticMessage() const
-{
-	std::string retval = "Savestate is corrupt or incomplete!\n";
-	Host::AddOSDMessage("Error: Savestate is corrupt or incomplete!", 15.0f);
-	_formatDiagMsg(retval);
-	return retval;
-}
-
-std::string Exception::SaveStateLoadError::FormatDisplayMessage() const
-{
-	std::string retval = "The savestate cannot be loaded, as it appears to be corrupt or incomplete.\n";
-	Host::AddOSDMessage("Error: The savestate cannot be loaded, as it appears to be corrupt or incomplete.", 15.0f);
-	_formatUserMsg(retval);
-	return retval;
-}
-
 // Used to hold the current state backup (fullcopy of PS2 memory and subcomponents states).
 //static VmStateBuffer state_buffer( L"Public Savestate Buffer" );
 
@@ -332,25 +349,10 @@ static constexpr SysState_Component SPU2_{ "SPU2", SPU2freeze };
 static constexpr SysState_Component PAD_{ "PAD", PADfreeze };
 static constexpr SysState_Component GS{ "GS", SysState_MTGSFreeze };
 
-
-static void SysState_ComponentFreezeOutRoot(void* dest, SysState_Component comp)
-{
-	freezeData fP = { 0, (u8*)dest };
-	if (comp.freeze(FreezeAction::Size, &fP) != 0)
-		return;
-	if (!fP.size)
-		return;
-
-	Console.Indent().WriteLn("Saving %s", comp.name);
-
-	if (comp.freeze(FreezeAction::Save, &fP) != 0)
-		throw std::runtime_error(std::string(" * ") + comp.name + std::string(": Error saving state!\n"));
-}
-
-static void SysState_ComponentFreezeIn(zip_file_t* zf, SysState_Component comp)
+static bool SysState_ComponentFreezeIn(zip_file_t* zf, SysState_Component comp)
 {
 	if (!zf)
-		return;
+		return true;
 
 	freezeData fP = { 0, nullptr };
 	if (comp.freeze(FreezeAction::Size, &fP) != 0)
@@ -358,27 +360,57 @@ static void SysState_ComponentFreezeIn(zip_file_t* zf, SysState_Component comp)
 
 	Console.Indent().WriteLn("Loading %s", comp.name);
 
-	auto data = std::make_unique<u8[]>(fP.size);
-	fP.data = data.get();
-
-	if (zip_fread(zf, data.get(), fP.size) != static_cast<zip_int64_t>(fP.size) || comp.freeze(FreezeAction::Load, &fP) != 0)
-		throw std::runtime_error(std::string(" * ") + comp.name + std::string(": Error loading state!\n"));
-}
-
-static void SysState_ComponentFreezeOut(SaveStateBase& writer, SysState_Component comp)
-{
-	freezeData fP = { 0, NULL };
-	if (comp.freeze(FreezeAction::Size, &fP) == 0)
+	std::unique_ptr<u8[]> data;
+	if (fP.size > 0)
 	{
-		const int size = fP.size;
-		writer.PrepBlock(size);
-		SysState_ComponentFreezeOutRoot(writer.GetBlockPtr(), comp);
-		writer.CommitBlock(size);
+		data = std::make_unique<u8[]>(fP.size);
+		fP.data = data.get();
+
+		if (zip_fread(zf, data.get(), fP.size) != static_cast<zip_int64_t>(fP.size))
+		{
+			Console.Error(fmt::format("* {}: Failed to decompress save data", comp.name));
+			return false;
+		}
 	}
-	return;
+
+	if (comp.freeze(FreezeAction::Load, &fP) != 0)
+	{
+		Console.Error(fmt::format("* {}: Failed to load freeze data", comp.name));
+		return false;
+	}
+
+	return true;
 }
 
-static void SysState_ComponentFreezeInNew(zip_file_t* zf, const char* name, bool(*do_state_func)(StateWrapper&))
+static bool SysState_ComponentFreezeOut(SaveStateBase& writer, SysState_Component comp)
+{
+	freezeData fP = {};
+	if (comp.freeze(FreezeAction::Size, &fP) != 0)
+	{
+		Console.Error(fmt::format("* {}: Failed to get freeze size", comp.name));
+		return false;
+	}
+
+	if (fP.size == 0)
+		return true;
+
+	const int size = fP.size;
+	writer.PrepBlock(size);
+
+	Console.Indent().WriteLn("Saving %s", comp.name);
+
+	fP.data = writer.GetBlockPtr();
+	if (comp.freeze(FreezeAction::Save, &fP) != 0)
+	{
+		Console.Error(fmt::format("* {}: Failed to save freeze data", comp.name));
+		return false;
+	}
+
+	writer.CommitBlock(size);
+	return true;
+}
+
+static bool SysState_ComponentFreezeInNew(zip_file_t* zf, const char* name, bool(*do_state_func)(StateWrapper&))
 {
 	// TODO: We could decompress on the fly here for a little bit more speed.
 	std::vector<u8> data;
@@ -392,19 +424,16 @@ static void SysState_ComponentFreezeInNew(zip_file_t* zf, const char* name, bool
 	StateWrapper::ReadOnlyMemoryStream stream(data.empty() ? nullptr : data.data(), data.size());
 	StateWrapper sw(&stream, StateWrapper::Mode::Read, g_SaveVersion);
 
-	// TODO: Get rid of the bloody exceptions.
-	if (!do_state_func(sw))
-		throw std::runtime_error(fmt::format(" * {}: Error loading state!", name));
+	return do_state_func(sw);
 }
 
-static void SysState_ComponentFreezeOutNew(SaveStateBase& writer, const char* name, u32 reserve, bool (*do_state_func)(StateWrapper&))
+static bool SysState_ComponentFreezeOutNew(SaveStateBase& writer, const char* name, u32 reserve, bool (*do_state_func)(StateWrapper&))
 {
 	StateWrapper::VectorMemoryStream stream(reserve);
 	StateWrapper sw(&stream, StateWrapper::Mode::Write, g_SaveVersion);
 
-	// TODO: Get rid of the bloody exceptions.
 	if (!do_state_func(sw))
-		throw std::runtime_error(fmt::format(" * {}: Error saving state!", name));
+		return false;
 
 	const int size = static_cast<int>(stream.GetBuffer().size());
 	if (size > 0)
@@ -413,6 +442,8 @@ static void SysState_ComponentFreezeOutNew(SaveStateBase& writer, const char* na
 		std::memcpy(writer.GetBlockPtr(), stream.GetBuffer().data(), size);
 		writer.CommitBlock(size);
 	}
+
+	return true;
 }
 
 // --------------------------------------------------------------------------------------
@@ -427,8 +458,8 @@ public:
 	virtual ~BaseSavestateEntry() = default;
 
 	virtual const char* GetFilename() const = 0;
-	virtual void FreezeIn(zip_file_t* zf) const = 0;
-	virtual void FreezeOut(SaveStateBase& writer) const = 0;
+	virtual bool FreezeIn(zip_file_t* zf) const = 0;
+	virtual bool FreezeOut(SaveStateBase& writer) const = 0;
 	virtual bool IsRequired() const = 0;
 };
 
@@ -439,8 +470,8 @@ protected:
 	virtual ~MemorySavestateEntry() = default;
 
 public:
-	virtual void FreezeIn(zip_file_t* zf) const;
-	virtual void FreezeOut(SaveStateBase& writer) const;
+	virtual bool FreezeIn(zip_file_t* zf) const;
+	virtual bool FreezeOut(SaveStateBase& writer) const;
 	virtual bool IsRequired() const { return true; }
 
 protected:
@@ -448,7 +479,7 @@ protected:
 	virtual u32 GetDataSize() const = 0;
 };
 
-void MemorySavestateEntry::FreezeIn(zip_file_t* zf) const
+bool MemorySavestateEntry::FreezeIn(zip_file_t* zf) const
 {
 	const u32 expectedSize = GetDataSize();
 	const s64 bytesRead = zip_fread(zf, GetDataPtr(), expectedSize);
@@ -457,11 +488,14 @@ void MemorySavestateEntry::FreezeIn(zip_file_t* zf) const
 		Console.WriteLn(Color_Yellow, " '%s' is incomplete (expected 0x%x bytes, loading only 0x%x bytes)",
 			GetFilename(), expectedSize, static_cast<u32>(bytesRead));
 	}
+
+	return true;
 }
 
-void MemorySavestateEntry::FreezeOut(SaveStateBase& writer) const
+bool MemorySavestateEntry::FreezeOut(SaveStateBase& writer) const
 {
 	writer.FreezeMem(GetDataPtr(), GetDataSize());
+	return writer.IsOkay();
 }
 
 // --------------------------------------------------------------------------------------
@@ -473,156 +507,156 @@ void MemorySavestateEntry::FreezeOut(SaveStateBase& writer) const
 //  cannot use static struct member initializers -- we need virtual functions that compute
 //  and resolve the addresses on-demand instead... --air
 
-class SavestateEntry_EmotionMemory : public MemorySavestateEntry
+class SavestateEntry_EmotionMemory final : public MemorySavestateEntry
 {
 public:
-	virtual ~SavestateEntry_EmotionMemory() = default;
+	~SavestateEntry_EmotionMemory() override = default;
 
-	const char* GetFilename() const { return "eeMemory.bin"; }
-	u8* GetDataPtr() const { return eeMem->Main; }
-	uint GetDataSize() const { return sizeof(eeMem->Main); }
+	const char* GetFilename() const override { return "eeMemory.bin"; }
+	u8* GetDataPtr() const override { return eeMem->Main; }
+	uint GetDataSize() const override { return sizeof(eeMem->Main); }
 
-	virtual void FreezeIn(zip_file_t* zf) const
+	virtual bool FreezeIn(zip_file_t* zf) const override
 	{
 		SysClearExecutionCache();
-		MemorySavestateEntry::FreezeIn(zf);
+		return MemorySavestateEntry::FreezeIn(zf);
 	}
 };
 
-class SavestateEntry_IopMemory : public MemorySavestateEntry
+class SavestateEntry_IopMemory final : public MemorySavestateEntry
 {
 public:
-	virtual ~SavestateEntry_IopMemory() = default;
+	~SavestateEntry_IopMemory() override = default;
 
-	const char* GetFilename() const { return "iopMemory.bin"; }
-	u8* GetDataPtr() const { return iopMem->Main; }
-	uint GetDataSize() const { return sizeof(iopMem->Main); }
+	const char* GetFilename() const override { return "iopMemory.bin"; }
+	u8* GetDataPtr() const override { return iopMem->Main; }
+	uint GetDataSize() const override { return sizeof(iopMem->Main); }
 };
 
-class SavestateEntry_HwRegs : public MemorySavestateEntry
+class SavestateEntry_HwRegs final : public MemorySavestateEntry
 {
 public:
-	virtual ~SavestateEntry_HwRegs() = default;
+	~SavestateEntry_HwRegs() override = default;
 
-	const char* GetFilename() const { return "eeHwRegs.bin"; }
-	u8* GetDataPtr() const { return eeHw; }
-	uint GetDataSize() const { return sizeof(eeHw); }
+	const char* GetFilename() const override { return "eeHwRegs.bin"; }
+	u8* GetDataPtr() const override { return eeHw; }
+	uint GetDataSize() const override { return sizeof(eeHw); }
 };
 
-class SavestateEntry_IopHwRegs : public MemorySavestateEntry
+class SavestateEntry_IopHwRegs final : public MemorySavestateEntry
 {
 public:
-	virtual ~SavestateEntry_IopHwRegs() = default;
+	~SavestateEntry_IopHwRegs() = default;
 
-	const char* GetFilename() const { return "iopHwRegs.bin"; }
-	u8* GetDataPtr() const { return iopHw; }
-	uint GetDataSize() const { return sizeof(iopHw); }
+	const char* GetFilename() const override { return "iopHwRegs.bin"; }
+	u8* GetDataPtr() const override { return iopHw; }
+	uint GetDataSize() const override { return sizeof(iopHw); }
 };
 
-class SavestateEntry_Scratchpad : public MemorySavestateEntry
+class SavestateEntry_Scratchpad final : public MemorySavestateEntry
 {
 public:
-	virtual ~SavestateEntry_Scratchpad() = default;
+	~SavestateEntry_Scratchpad() = default;
 
-	const char* GetFilename() const { return "Scratchpad.bin"; }
-	u8* GetDataPtr() const { return eeMem->Scratch; }
-	uint GetDataSize() const { return sizeof(eeMem->Scratch); }
+	const char* GetFilename() const override { return "Scratchpad.bin"; }
+	u8* GetDataPtr() const override { return eeMem->Scratch; }
+	uint GetDataSize() const override { return sizeof(eeMem->Scratch); }
 };
 
-class SavestateEntry_VU0mem : public MemorySavestateEntry
+class SavestateEntry_VU0mem final : public MemorySavestateEntry
 {
 public:
-	virtual ~SavestateEntry_VU0mem() = default;
+	~SavestateEntry_VU0mem() = default;
 
-	const char* GetFilename() const { return "vu0Memory.bin"; }
-	u8* GetDataPtr() const { return vuRegs[0].Mem; }
-	uint GetDataSize() const { return VU0_MEMSIZE; }
+	const char* GetFilename() const override { return "vu0Memory.bin"; }
+	u8* GetDataPtr() const override { return vuRegs[0].Mem; }
+	uint GetDataSize() const override { return VU0_MEMSIZE; }
 };
 
-class SavestateEntry_VU1mem : public MemorySavestateEntry
+class SavestateEntry_VU1mem final : public MemorySavestateEntry
 {
 public:
-	virtual ~SavestateEntry_VU1mem() = default;
+	~SavestateEntry_VU1mem() = default;
 
-	const char* GetFilename() const { return "vu1Memory.bin"; }
-	u8* GetDataPtr() const { return vuRegs[1].Mem; }
-	uint GetDataSize() const { return VU1_MEMSIZE; }
+	const char* GetFilename() const override { return "vu1Memory.bin"; }
+	u8* GetDataPtr() const override { return vuRegs[1].Mem; }
+	uint GetDataSize() const override { return VU1_MEMSIZE; }
 };
 
-class SavestateEntry_VU0prog : public MemorySavestateEntry
+class SavestateEntry_VU0prog final : public MemorySavestateEntry
 {
 public:
-	virtual ~SavestateEntry_VU0prog() = default;
+	~SavestateEntry_VU0prog() = default;
 
-	const char* GetFilename() const { return "vu0MicroMem.bin"; }
-	u8* GetDataPtr() const { return vuRegs[0].Micro; }
-	uint GetDataSize() const { return VU0_PROGSIZE; }
+	const char* GetFilename() const override { return "vu0MicroMem.bin"; }
+	u8* GetDataPtr() const override { return vuRegs[0].Micro; }
+	uint GetDataSize() const override { return VU0_PROGSIZE; }
 };
 
-class SavestateEntry_VU1prog : public MemorySavestateEntry
+class SavestateEntry_VU1prog final : public MemorySavestateEntry
 {
 public:
-	virtual ~SavestateEntry_VU1prog() = default;
+	~SavestateEntry_VU1prog() = default;
 
-	const char* GetFilename() const { return "vu1MicroMem.bin"; }
-	u8* GetDataPtr() const { return vuRegs[1].Micro; }
-	uint GetDataSize() const { return VU1_PROGSIZE; }
+	const char* GetFilename() const override { return "vu1MicroMem.bin"; }
+	u8* GetDataPtr() const override { return vuRegs[1].Micro; }
+	uint GetDataSize() const override { return VU1_PROGSIZE; }
 };
 
-class SavestateEntry_SPU2 : public BaseSavestateEntry
+class SavestateEntry_SPU2 final : public BaseSavestateEntry
 {
 public:
-	virtual ~SavestateEntry_SPU2() = default;
+	~SavestateEntry_SPU2() override = default;
 
-	const char* GetFilename() const { return "SPU2.bin"; }
-	void FreezeIn(zip_file_t* zf) const { return SysState_ComponentFreezeIn(zf, SPU2_); }
-	void FreezeOut(SaveStateBase& writer) const { return SysState_ComponentFreezeOut(writer, SPU2_); }
-	bool IsRequired() const { return true; }
+	const char* GetFilename() const override { return "SPU2.bin"; }
+	bool FreezeIn(zip_file_t* zf) const override { return SysState_ComponentFreezeIn(zf, SPU2_); }
+	bool FreezeOut(SaveStateBase& writer) const override { return SysState_ComponentFreezeOut(writer, SPU2_); }
+	bool IsRequired() const override { return true; }
 };
 
-class SavestateEntry_USB : public BaseSavestateEntry
+class SavestateEntry_USB final : public BaseSavestateEntry
 {
 public:
-	virtual ~SavestateEntry_USB() = default;
+	~SavestateEntry_USB() override = default;
 
-	const char* GetFilename() const { return "USB.bin"; }
-	void FreezeIn(zip_file_t* zf) const { return SysState_ComponentFreezeInNew(zf, "USB", &USB::DoState); }
-	void FreezeOut(SaveStateBase& writer) const { return SysState_ComponentFreezeOutNew(writer, "USB", 16 * 1024, &USB::DoState); }
-	bool IsRequired() const { return false; }
+	const char* GetFilename() const override { return "USB.bin"; }
+	bool FreezeIn(zip_file_t* zf) const override { return SysState_ComponentFreezeInNew(zf, "USB", &USB::DoState); }
+	bool FreezeOut(SaveStateBase& writer) const override { return SysState_ComponentFreezeOutNew(writer, "USB", 16 * 1024, &USB::DoState); }
+	bool IsRequired() const override { return false; }
 };
 
-class SavestateEntry_PAD : public BaseSavestateEntry
+class SavestateEntry_PAD final : public BaseSavestateEntry
 {
 public:
-	virtual ~SavestateEntry_PAD() = default;
+	~SavestateEntry_PAD() override = default;
 
-	const char* GetFilename() const { return "PAD.bin"; }
-	void FreezeIn(zip_file_t* zf) const { return SysState_ComponentFreezeIn(zf, PAD_); }
-	void FreezeOut(SaveStateBase& writer) const { return SysState_ComponentFreezeOut(writer, PAD_); }
-	bool IsRequired() const { return true; }
+	const char* GetFilename() const override { return "PAD.bin"; }
+	bool FreezeIn(zip_file_t* zf) const override { return SysState_ComponentFreezeIn(zf, PAD_); }
+	bool FreezeOut(SaveStateBase& writer) const override { return SysState_ComponentFreezeOut(writer, PAD_); }
+	bool IsRequired() const override { return true; }
 };
 
-class SavestateEntry_GS : public BaseSavestateEntry
+class SavestateEntry_GS final : public BaseSavestateEntry
 {
 public:
-	virtual ~SavestateEntry_GS() = default;
+	~SavestateEntry_GS() = default;
 
 	const char* GetFilename() const { return "GS.bin"; }
-	void FreezeIn(zip_file_t* zf) const { return SysState_ComponentFreezeIn(zf, GS); }
-	void FreezeOut(SaveStateBase& writer) const { return SysState_ComponentFreezeOut(writer, GS); }
+	bool FreezeIn(zip_file_t* zf) const { return SysState_ComponentFreezeIn(zf, GS); }
+	bool FreezeOut(SaveStateBase& writer) const { return SysState_ComponentFreezeOut(writer, GS); }
 	bool IsRequired() const { return true; }
 };
 
 #ifdef ENABLE_ACHIEVEMENTS
-class SaveStateEntry_Achievements : public BaseSavestateEntry
+class SaveStateEntry_Achievements final : public BaseSavestateEntry
 {
-	virtual ~SaveStateEntry_Achievements() override = default;
+	~SaveStateEntry_Achievements() override = default;
 
 	const char* GetFilename() const override { return "Achievements.bin"; }
-	void FreezeIn(zip_file_t* zf) const override
+	bool FreezeIn(zip_file_t* zf) const override
 	{
 		if (!Achievements::IsActive())
-			return;
+			return true;
 
 		std::optional<std::vector<u8>> data;
 		if (zf)
@@ -632,12 +666,14 @@ class SaveStateEntry_Achievements : public BaseSavestateEntry
 			Achievements::LoadState(data->data(), data->size());
 		else
 			Achievements::LoadState(nullptr, 0);
+
+		return true;
 	}
 
-	void FreezeOut(SaveStateBase& writer) const override
+	bool FreezeOut(SaveStateBase& writer) const override
 	{
 		if (!Achievements::IsActive())
-			return;
+			return true;
 
 		std::vector<u8> data(Achievements::SaveState());
 		if (!data.empty())
@@ -646,6 +682,8 @@ class SaveStateEntry_Achievements : public BaseSavestateEntry
 			std::memcpy(writer.GetBlockPtr(), data.data(), data.size());
 			writer.CommitBlock(static_cast<int>(data.size()));
 		}
+
+		return writer.IsOkay();
 	}
 
 	bool IsRequired() const override { return false; }
@@ -676,7 +714,7 @@ static const std::unique_ptr<BaseSavestateEntry> SavestateEntries[] = {
 #endif
 };
 
-std::unique_ptr<ArchiveEntryList> SaveState_DownloadState()
+std::unique_ptr<ArchiveEntryList> SaveState_DownloadState(Error* error)
 {
 	std::unique_ptr<ArchiveEntryList> destlist = std::make_unique<ArchiveEntryList>(new VmStateBuffer("Zippable Savestate"));
 
@@ -684,8 +722,17 @@ std::unique_ptr<ArchiveEntryList> SaveState_DownloadState()
 	ArchiveEntry internals(EntryFilename_InternalStructures);
 	internals.SetDataIndex(saveme.GetCurrentPos());
 
-	saveme.FreezeBios();
-	saveme.FreezeInternals();
+	if (!saveme.FreezeBios())
+	{
+		Error::SetString(error, "FreezeBios() failed");
+		return nullptr;
+	}
+
+	if (!saveme.FreezeInternals())
+	{
+		Error::SetString(error, "FreezeInternals() failed");
+		return nullptr;
+	}
 
 	internals.SetDataSize(saveme.GetCurrentPos() - internals.GetDataIndex());
 	destlist->Add(internals);
@@ -693,7 +740,13 @@ std::unique_ptr<ArchiveEntryList> SaveState_DownloadState()
 	for (const std::unique_ptr<BaseSavestateEntry>& entry : SavestateEntries)
 	{
 		uint startpos = saveme.GetCurrentPos();
-		entry->FreezeOut(saveme);
+		if (!entry->FreezeOut(saveme))
+		{
+			Error::SetString(error, fmt::format("FreezeOut() failed for {}.", entry->GetFilename()));
+			destlist.reset();
+			break;
+		}
+
 		destlist->Add(
 			ArchiveEntry(entry->GetFilename())
 				.SetDataIndex(startpos)
@@ -965,30 +1018,32 @@ bool SaveState_ReadScreenshot(const std::string& filename, u32* out_width, u32*
 	return SaveState_ReadScreenshot(zf.get(), out_width, out_height, out_pixels);
 }
 
-static void CheckVersion(const std::string& filename, zip_t* zf)
+static bool CheckVersion(const std::string& filename, zip_t* zf, Error* error)
 {
 	u32 savever;
 
 	auto zff = zip_fopen_managed(zf, EntryFilename_StateVersion, 0);
 	if (!zff || zip_fread(zff.get(), &savever, sizeof(savever)) != sizeof(savever))
 	{
-		throw Exception::SaveStateLoadError(filename)
-			.SetDiagMsg("Savestate file does not contain version indicator.")
-			.SetUserMsg("This file is not a valid PCSX2 savestate.  See the logfile for details.");
+		Error::SetString(error, "Savestate file does not contain version indicator.");
+		return false;
 	}
 
 	// Major version mismatch.  Means we can't load this savestate at all.  Support for it
 	// was removed entirely.
-	if (savever > g_SaveVersion)
-		throw Exception::SaveStateLoadError(filename)
-			.SetDiagMsg(fmt::format("Savestate uses an unsupported or unknown savestate version.\n(PCSX2 ver={:x}, state ver={:x})", g_SaveVersion, savever))
-			.SetUserMsg("Cannot load this savestate. The state is an unsupported version.\nOption 1: Download an older PCSX2 version from pcsx2.net and make a memcard save like on the physical PS2.\nOption 2: Delete the savestates.");
 	// check for a "minor" version incompatibility; which happens if the savestate being loaded is a newer version
 	// than the emulator recognizes.  99% chance that trying to load it will just corrupt emulation or crash.
-	if ((savever >> 16) != (g_SaveVersion >> 16))
-		throw Exception::SaveStateLoadError(filename)
-			.SetDiagMsg(fmt::format("Savestate uses an unknown savestate version.\n(PCSX2 ver={:x}, state ver={:x})", g_SaveVersion, savever))
-			.SetUserMsg("Cannot load this savestate. The state is an unsupported version.\nOption 1: Download an older PCSX2 version from pcsx2.net and make a memcard save like on the physical PS2.\nOption 2: Delete the savestates.");}
+	if (savever > g_SaveVersion || (savever >> 16) != (g_SaveVersion >> 16))
+	{
+		Error::SetString(error, fmt::format("The state is an unsupported version. (PCSX2 ver={:x}, state ver={:x}).\n"
+											"Option 1: Download an older PCSX2 version from pcsx2.net and make a memcard save like on the physical PS2.\n"
+											"Option 2: Delete the savestates.",
+									g_SaveVersion, savever));
+		return false;
+	}
+
+	return true;
+}
 
 static zip_int64_t CheckFileExistsInState(zip_t* zf, const char* name, bool required)
 {
@@ -1022,11 +1077,17 @@ static bool LoadInternalStructuresState(zip_t* zf, s64 index)
 	if (zip_fread(zff.get(), buffer.GetPtr(), buffer.GetSizeInBytes()) != buffer.GetSizeInBytes())
 		return false;
 
-	memLoadingState(buffer).FreezeBios().FreezeInternals();
+	memLoadingState state(buffer);
+	if (!state.FreezeBios())
+		return false;
+	
+	if (!state.FreezeInternals())
+		return false;
+
 	return true;
 }
 
-void SaveState_UnzipFromDisk(const std::string& filename)
+bool SaveState_UnzipFromDisk(const std::string& filename, Error* error)
 {
 	zip_error_t ze = {};
 	auto zf = zip_open_managed(filename.c_str(), ZIP_RDONLY, &ze);
@@ -1034,69 +1095,63 @@ void SaveState_UnzipFromDisk(const std::string& filename)
 	{
 		Console.Error("Failed to open zip file '%s' for save state load: %s", filename.c_str(), zip_error_strerror(&ze));
 		if (zip_error_code_zip(&ze) == ZIP_ER_NOENT)
-		{
-			throw Exception::SaveStateLoadError(filename)
-				.SetDiagMsg("Savestate file does not exist.")
-				.SetUserMsg("This savestate cannot be loaded because the file does not exist.");
-		}
+			Error::SetString(error, "Savestate file does not exist.");
 		else
-		{
-			throw Exception::SaveStateLoadError(filename)
-				.SetDiagMsg("Savestate file is not a valid gzip archive.")
-				.SetUserMsg("This savestate cannot be loaded because it is not a valid gzip archive. It may have been created by an older unsupported version of PCSX2, or it may be corrupted.");
-		}
+			Error::SetString(error, fmt::format("Savestate zip error: {}", zip_error_strerror(&ze)));
+
+		return false;
 	}
 
 	// look for version and screenshot information in the zip stream:
-	CheckVersion(filename, zf.get());
+	if (!CheckVersion(filename, zf.get(), error))
+		return false;
 
 	// check that all parts are included
 	const s64 internal_index = CheckFileExistsInState(zf.get(), EntryFilename_InternalStructures, true);
 	s64 entryIndices[std::size(SavestateEntries)];
 
 	// Log any parts and pieces that are missing, and then generate an exception.
-	bool throwIt = (internal_index < 0);
+	bool allPresent = (internal_index >= 0);
 	for (u32 i = 0; i < std::size(SavestateEntries); i++)
 	{
 		const bool required = SavestateEntries[i]->IsRequired();
 		entryIndices[i] = CheckFileExistsInState(zf.get(), SavestateEntries[i]->GetFilename(), required);
 		if (entryIndices[i] < 0 && required)
-			throwIt = true;
-	}
-
-	if (!throwIt)
-	{
-		PreLoadPrep();
-		throwIt = !LoadInternalStructuresState(zf.get(), internal_index);
-	}
-
-	if (!throwIt)
-	{
-		for (u32 i = 0; i < std::size(SavestateEntries); ++i)
 		{
-			if (entryIndices[i] < 0)
-			{
-				SavestateEntries[i]->FreezeIn(nullptr);
-				continue;
-			}
+			allPresent = false;
+			break;
+		}
+	}
+	if (!allPresent)
+	{
+		Error::SetString(error, "Some required components were not found or are incomplete.");
+		return false;
+	}
 
-			auto zff = zip_fopen_index_managed(zf.get(), entryIndices[i], 0);
-			if (!zff)
-			{
-				throwIt = true;
-				break;
-			}
+	PreLoadPrep();
 
-			SavestateEntries[i]->FreezeIn(zff.get());
+	if (!LoadInternalStructuresState(zf.get(), internal_index))
+	{
+		Error::SetString(error, "Save state corruption in internal structures.");
+		return false;
+	}
+
+	for (u32 i = 0; i < std::size(SavestateEntries); ++i)
+	{
+		if (entryIndices[i] < 0)
+		{
+			SavestateEntries[i]->FreezeIn(nullptr);
+			continue;
+		}
+
+		auto zff = zip_fopen_index_managed(zf.get(), entryIndices[i], 0);
+		if (!zff || !SavestateEntries[i]->FreezeIn(zff.get()))
+		{
+			Error::SetString(error, fmt::format("Save state corruption in {}.", SavestateEntries[i]->GetFilename()));
+			return false;
 		}
 	}
 
-	if (throwIt)
-	{
-		throw Exception::SaveStateLoadError(filename)
-			.SetDiagMsg("Savestate cannot be loaded: some required components were not found or are incomplete.")
-			.SetUserMsg("This savestate cannot be loaded due to missing critical components.  See the log file for details.");
-	}
-
 	PostLoadPrep();
+	return true;
 }
diff --git a/pcsx2/SaveState.h b/pcsx2/SaveState.h
index 39dc63f175..81700b0979 100644
--- a/pcsx2/SaveState.h
+++ b/pcsx2/SaveState.h
@@ -21,7 +21,8 @@
 
 #include "System.h"
 #include "common/Assertions.h"
-#include "common/Exceptions.h"
+
+class Error;
 
 enum class FreezeAction
 {
@@ -62,11 +63,11 @@ class ArchiveEntryList;
 
 // Wrappers to generate a save state compatible across all frontends.
 // These functions assume that the caller has paused the core thread.
-extern std::unique_ptr<ArchiveEntryList> SaveState_DownloadState();
+extern std::unique_ptr<ArchiveEntryList> SaveState_DownloadState(Error* error);
 extern std::unique_ptr<SaveStateScreenshotData> SaveState_SaveScreenshot();
 extern bool SaveState_ZipToDisk(std::unique_ptr<ArchiveEntryList> srclist, std::unique_ptr<SaveStateScreenshotData> screenshot, const char* filename);
 extern bool SaveState_ReadScreenshot(const std::string& filename, u32* out_width, u32* out_height, std::vector<u32>* out_pixels);
-extern void SaveState_UnzipFromDisk(const std::string& filename);
+extern bool SaveState_UnzipFromDisk(const std::string& filename, Error* error);
 
 // --------------------------------------------------------------------------------------
 //  SaveStateBase class
@@ -83,11 +84,16 @@ protected:
 
 	int m_idx;			// current read/write index of the allocation
 
+	bool m_error; // error occurred while reading/writing
+
 public:
 	SaveStateBase( VmStateBuffer& memblock );
 	SaveStateBase( VmStateBuffer* memblock );
 	virtual ~SaveStateBase() { }
 
+	__fi bool HasError() const { return m_error; }
+	__fi bool IsOkay() const { return !m_error; }
+
 	// Gets the version of savestate that this object is acting on.
 	// The version refers to the low 16 bits only (high 16 bits classifies Pcsx2 build types)
 	u32 GetVersion() const
@@ -95,8 +101,8 @@ public:
 		return (m_version & 0xffff);
 	}
 
-	virtual SaveStateBase& FreezeBios();
-	virtual SaveStateBase& FreezeInternals();
+	bool FreezeBios();
+	bool FreezeInternals();
 
 	// Loads or saves an arbitrary data type.  Usable on atomic types, structs, and arrays.
 	// For dynamically allocated pointers use FreezeMem instead.
@@ -182,7 +188,7 @@ public:
 	// Identifiers can be used to determine where in a savestate that data has become
 	// skewed (if the value does not match then the error occurs somewhere prior to that
 	// position).
-	void FreezeTag( const char* src );
+	bool FreezeTag( const char* src );
 
 	// Returns true if this object is a StateLoading type object.
 	bool IsLoading() const { return !IsSaving(); }
@@ -195,41 +201,41 @@ public:
 
 public:
 	// note: gsFreeze() needs to be public because of the GSState recorder.
-	void gsFreeze();
+	bool gsFreeze();
 
 protected:
 	void Init( VmStateBuffer* memblock );
 
-	void vmFreeze();
-	void mtvuFreeze();
-	void rcntFreeze();
-	void vuMicroFreeze();
-	void vuJITFreeze();
-	void vif0Freeze();
-	void vif1Freeze();
-	void sifFreeze();
-	void ipuFreeze();
-	void ipuDmaFreeze();
-	void gifFreeze();
-	void gifDmaFreeze();
-	void gifPathFreeze(u32 path); // called by gifFreeze()
+	bool vmFreeze();
+	bool mtvuFreeze();
+	bool rcntFreeze();
+	bool vuMicroFreeze();
+	bool vuJITFreeze();
+	bool vif0Freeze();
+	bool vif1Freeze();
+	bool sifFreeze();
+	bool ipuFreeze();
+	bool ipuDmaFreeze();
+	bool gifFreeze();
+	bool gifDmaFreeze();
+	bool gifPathFreeze(u32 path); // called by gifFreeze()
 
-	void sprFreeze();
+	bool sprFreeze();
 
-	void sioFreeze();
-	void cdrFreeze();
-	void cdvdFreeze();
-	void psxRcntFreeze();
-	void sio2Freeze();
+	bool sioFreeze();
+	bool cdrFreeze();
+	bool cdvdFreeze();
+	bool psxRcntFreeze();
+	bool sio2Freeze();
 
-	void deci2Freeze();
+	bool deci2Freeze();
 
 	// Save or load PCSX2's global frame counter (g_FrameCount) along with each savestate
 	//
 	// This is to prevent any inaccuracy issues caused by having a different
 	// internal emulation frame count than what it was at the beginning of the
 	// original recording
-	void InputRecordingFreeze();
+	bool InputRecordingFreeze();
 };
 
 // --------------------------------------------------------------------------------------
@@ -387,16 +393,3 @@ public:
 	bool IsSaving() const { return false; }
 	bool IsFinished() const { return m_idx >= m_memory->GetSizeInBytes(); }
 };
-
-
-namespace Exception
-{
-	// Exception thrown when a corrupted or truncated savestate is encountered.
-	class SaveStateLoadError : public BadStream
-	{
-		DEFINE_STREAM_EXCEPTION(SaveStateLoadError, BadStream)
-
-		virtual std::string FormatDiagnosticMessage() const override;
-		virtual std::string FormatDisplayMessage() const override;
-	};
-}; // namespace Exception
diff --git a/pcsx2/Sif.cpp b/pcsx2/Sif.cpp
index 68ce5fef5e..652c7ef534 100644
--- a/pcsx2/Sif.cpp
+++ b/pcsx2/Sif.cpp
@@ -27,10 +27,12 @@ void sifReset()
 	std::memset(&sif1, 0, sizeof(sif1));
 }
 
-void SaveStateBase::sifFreeze()
+bool SaveStateBase::sifFreeze()
 {
-	FreezeTag("SIFdma");
+	if (!FreezeTag("SIFdma"))
+		return false;
 
 	Freeze(sif0);
 	Freeze(sif1);
+	return IsOkay();
 }
diff --git a/pcsx2/Sio.cpp b/pcsx2/Sio.cpp
index 1c28de650a..69e5f2326b 100644
--- a/pcsx2/Sio.cpp
+++ b/pcsx2/Sio.cpp
@@ -822,14 +822,18 @@ void sioSetGameSerial( const std::string& serial ) {
 	}
 }
 
-void SaveStateBase::sio2Freeze()
+bool SaveStateBase::sio2Freeze()
 {
-	FreezeTag("sio2");
+	if (!FreezeTag("sio2"))
+		return false;
 
 	Freeze(sio2);
 	FreezeDeque(fifoIn);
 	FreezeDeque(fifoOut);
 
+	if (!IsOkay())
+		return false;
+
 	// CRCs for memory cards.
 	// If the memory card hasn't changed when loading state, we can safely skip ejecting it.
 	u64 mcdCrcs[SIO::PORTS][SIO::SLOTS];
@@ -842,6 +846,8 @@ void SaveStateBase::sio2Freeze()
 		}
 	}
 	Freeze(mcdCrcs);
+	if (!IsOkay())
+		return false;
 
 	if (IsLoading())
 	{
@@ -859,12 +865,17 @@ void SaveStateBase::sio2Freeze()
 			}
 		}
 	}
+
+	return true;
 }
 
-void SaveStateBase::sioFreeze()
+bool SaveStateBase::sioFreeze()
 {
-	FreezeTag("sio0");
+	if (!FreezeTag("sio0"))
+		return false;
+
 	Freeze(sio0);
+	return IsOkay();
 }
 
 std::tuple<u32, u32> sioConvertPadToPortAndSlot(u32 index)
diff --git a/pcsx2/VMManager.cpp b/pcsx2/VMManager.cpp
index 7d1eaa0fcd..222ede1c80 100644
--- a/pcsx2/VMManager.cpp
+++ b/pcsx2/VMManager.cpp
@@ -52,6 +52,7 @@
 #include "ps2/BiosTools.h"
 
 #include "common/Console.h"
+#include "common/Error.h"
 #include "common/FileSystem.h"
 #include "common/ScopedGuard.h"
 #include "common/SettingsWrapper.h"
@@ -1427,7 +1428,7 @@ void VMManager::Reset()
 		s_state.store(VMState::Running, std::memory_order_release);
 }
 
-void SaveStateBase::vmFreeze()
+bool SaveStateBase::vmFreeze()
 {
 	const u32 prev_crc = s_current_crc;
 	const std::string prev_elf = s_elf_path;
@@ -1458,6 +1459,8 @@ void SaveStateBase::vmFreeze()
 		if (s_current_crc != prev_crc || s_elf_path != prev_elf || s_elf_executed != prev_elf_executed)
 			VMManager::HandleELFChange(true);
 	}
+
+	return IsOkay();
 }
 
 std::string VMManager::GetSaveStateFileName(const char* game_serial, u32 game_crc, s32 slot)
@@ -1506,24 +1509,23 @@ bool VMManager::DoLoadState(const char* filename)
 	if (GSDumpReplayer::IsReplayingDump())
 		return false;
 
-	try
+	Host::OnSaveStateLoading(filename);
+
+	Error error;
+	if (!SaveState_UnzipFromDisk(filename, &error))
 	{
-		Host::OnSaveStateLoading(filename);
-		SaveState_UnzipFromDisk(filename);
-		Host::OnSaveStateLoaded(filename, true);
-		if (g_InputRecording.isActive())
-		{
-			g_InputRecording.handleLoadingSavestate();
-			MTGS::PresentCurrentFrame();
-		}
-		return true;
-	}
-	catch (Exception::BaseException& e)
-	{
-		Host::ReportErrorAsync("Failed to load save state", e.UserMsg());
-		Host::OnSaveStateLoaded(filename, false);
+		Host::ReportErrorAsync("Failed to load save state", error.GetDescription());
 		return false;
 	}
+
+	Host::OnSaveStateLoaded(filename, true);
+	if (g_InputRecording.isActive())
+	{
+		g_InputRecording.handleLoadingSavestate();
+		MTGS::PresentCurrentFrame();
+	}
+
+	return true;
 }
 
 bool VMManager::DoSaveState(const char* filename, s32 slot_for_message, bool zip_on_thread, bool backup_old_state)
@@ -1532,47 +1534,46 @@ bool VMManager::DoSaveState(const char* filename, s32 slot_for_message, bool zip
 		return false;
 
 	std::string osd_key(fmt::format("SaveStateSlot{}", slot_for_message));
+	Error error;
 
-	try
-	{
-		std::unique_ptr<ArchiveEntryList> elist(SaveState_DownloadState());
-		std::unique_ptr<SaveStateScreenshotData> screenshot(SaveState_SaveScreenshot());
-
-		if (FileSystem::FileExists(filename) && backup_old_state)
-		{
-			const std::string backup_filename(fmt::format("{}.backup", filename));
-			Console.WriteLn(fmt::format("Creating save state backup {}...", backup_filename));
-			if (!FileSystem::RenamePath(filename, backup_filename.c_str()))
-			{
-				Host::AddIconOSDMessage(std::move(osd_key), ICON_FA_EXCLAMATION_TRIANGLE,
-					fmt::format(
-						TRANSLATE_SV("VMManager", "Failed to back up old save state {}."), Path::GetFileName(filename)),
-					Host::OSD_ERROR_DURATION);
-			}
-		}
-
-		if (zip_on_thread)
-		{
-			// lock order here is important; the thread could exit before we resume here.
-			std::unique_lock lock(s_save_state_threads_mutex);
-			s_save_state_threads.emplace_back(&VMManager::ZipSaveStateOnThread, std::move(elist), std::move(screenshot),
-				std::move(osd_key), std::string(filename), slot_for_message);
-		}
-		else
-		{
-			ZipSaveState(std::move(elist), std::move(screenshot), std::move(osd_key), filename, slot_for_message);
-		}
-
-		Host::OnSaveStateSaved(filename);
-		return true;
-	}
-	catch (Exception::BaseException& e)
+	std::unique_ptr<ArchiveEntryList> elist = SaveState_DownloadState(&error);
+	if (!elist)
 	{
 		Host::AddIconOSDMessage(std::move(osd_key), ICON_FA_EXCLAMATION_TRIANGLE,
-			fmt::format(TRANSLATE_SV("VMManager", "Failed to save save state: {}."), e.DiagMsg()),
+			fmt::format(TRANSLATE_SV("VMManager", "Failed to save save state: {}."), error.GetDescription()),
 			Host::OSD_ERROR_DURATION);
 		return false;
 	}
+
+	std::unique_ptr<SaveStateScreenshotData> screenshot = SaveState_SaveScreenshot();
+
+	if (FileSystem::FileExists(filename) && backup_old_state)
+	{
+		const std::string backup_filename(fmt::format("{}.backup", filename));
+		Console.WriteLn(fmt::format("Creating save state backup {}...", backup_filename));
+		if (!FileSystem::RenamePath(filename, backup_filename.c_str()))
+		{
+			Host::AddIconOSDMessage(std::move(osd_key), ICON_FA_EXCLAMATION_TRIANGLE,
+				fmt::format(
+					TRANSLATE_SV("VMManager", "Failed to back up old save state {}."), Path::GetFileName(filename)),
+				Host::OSD_ERROR_DURATION);
+		}
+	}
+
+	if (zip_on_thread)
+	{
+		// lock order here is important; the thread could exit before we resume here.
+		std::unique_lock lock(s_save_state_threads_mutex);
+		s_save_state_threads.emplace_back(&VMManager::ZipSaveStateOnThread, std::move(elist), std::move(screenshot),
+			std::move(osd_key), std::string(filename), slot_for_message);
+	}
+	else
+	{
+		ZipSaveState(std::move(elist), std::move(screenshot), std::move(osd_key), filename, slot_for_message);
+	}
+
+	Host::OnSaveStateSaved(filename);
+	return true;
 }
 
 void VMManager::ZipSaveState(std::unique_ptr<ArchiveEntryList> elist,
diff --git a/pcsx2/VUmicroMem.cpp b/pcsx2/VUmicroMem.cpp
index 89f7d421d7..cde1914ae5 100644
--- a/pcsx2/VUmicroMem.cpp
+++ b/pcsx2/VUmicroMem.cpp
@@ -84,12 +84,13 @@ void vuMemoryReserve::Reset()
 	VU1.VI[0].UL = 0;
 }
 
-void SaveStateBase::vuMicroFreeze()
+bool SaveStateBase::vuMicroFreeze()
 {
 	if(IsSaving())
 		vu1Thread.WaitVU();
 
-	FreezeTag( "vuMicroRegs" );
+	if (!FreezeTag("vuMicroRegs"))
+		return false;
 
 	// VU0 state information
 
@@ -175,4 +176,6 @@ void SaveStateBase::vuMicroFreeze()
 	Freeze(VU1.ialureadpos);
 	Freeze(VU1.ialuwritepos);
 	Freeze(VU1.ialucount);
+
+	return IsOkay();
 }
diff --git a/pcsx2/Vif.cpp b/pcsx2/Vif.cpp
index f80f2b46e6..ab8e2d1a76 100644
--- a/pcsx2/Vif.cpp
+++ b/pcsx2/Vif.cpp
@@ -44,9 +44,10 @@ void vif1Reset()
 	resetNewVif(1);
 }
 
-void SaveStateBase::vif0Freeze()
+bool SaveStateBase::vif0Freeze()
 {
-	FreezeTag("VIF0dma");
+	if (!FreezeTag("VIF0dma"))
+		return false;
 
 	Freeze(g_vif0Cycles);
 
@@ -54,11 +55,14 @@ void SaveStateBase::vif0Freeze()
 
 	Freeze(nVif[0].bSize);
 	FreezeMem(nVif[0].buffer, nVif[0].bSize);
+
+	return IsOkay();
 }
 
-void SaveStateBase::vif1Freeze()
+bool SaveStateBase::vif1Freeze()
 {
-	FreezeTag("VIF1dma");
+	if (!FreezeTag("VIF1dma"))
+		return false;
 
 	Freeze(g_vif1Cycles);
 
@@ -66,6 +70,8 @@ void SaveStateBase::vif1Freeze()
 
 	Freeze(nVif[1].bSize);
 	FreezeMem(nVif[1].buffer, nVif[1].bSize);
+
+	return IsOkay();
 }
 
 //------------------------------------------------------------------
diff --git a/pcsx2/x86/microVU.cpp b/pcsx2/x86/microVU.cpp
index 1d57d5a984..9df88c01e7 100644
--- a/pcsx2/x86/microVU.cpp
+++ b/pcsx2/x86/microVU.cpp
@@ -462,13 +462,14 @@ void recMicroVU1::ResumeXGkick()
 	((mVUrecCallXG)microVU1.startFunctXG)();
 }
 
-void SaveStateBase::vuJITFreeze()
+bool SaveStateBase::vuJITFreeze()
 {
 	if (IsSaving())
 		vu1Thread.WaitVU();
 
 	Freeze(microVU0.prog.lpState);
 	Freeze(microVU1.prog.lpState);
+	return IsOkay();
 }
 
 #if 0