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Ernest - To be fair about boot times of yesteryear you'd have to load the older OS on today's hardware or today's software on the hardware of yesteryear.

Boot DOS 6.22 and Windows 3.11 on a current 6 core i7 or PhenomII X6 (assuming you can install them) and compare the boot to usable time. My VM loads in a couple of seconds. Windows 95, 98, and ME VMs take about 10-15 seconds. I use Virtual Box for whatever it is worth, faster and light than VPC.

I haven't tried loading these natively as the hardware is fast enough to cause memory faults and loops in that old code.