Ok, there are still some glitchs but for the *price* it's awsome. I have used bochs and virtual PC 5 and this is the one I'm using now! It works on a G3, G4 and dual G5 with Tiger. The speed for me is on *par* with Virtual PC and leaves bochs in the dust (still bochs is cool, but unusable even on a dual G5).

To make it work, you just have to create, with "disk utility" or toast, an image of the cd containing the os, linux or windozzzzze. Then you start QEMUX and don't fiddle too much with the options, accept to creat a 2 gig hard disk image (it will not start as a 2gig image, but it could grow to that) and change the option to boot from the CD-ROM drive. At this point the hard disk image is created and you can try to start the OS installation. For me it did not work but that's ok, I exited the installer and was on a prompt. I formated the C drive (format c:) and then restarted the emultator. From there *everything* worked! Ok, to share a drive between MAC OS X and the guest os was a bit odd, I had to map the E: drive to \\10.0.2.4\QEMU (it is documented on the internet, google is your friend).

GREATE WORK, saved me a lot of $$$ that I did not have to give *AGAIN* to microsoft to update my virtual PC!!!