I can not remember where I saw this. Here perhaps, though nothing recent comes in a search.
http://www.japheth.de/HX.html"HX DOS-Extender is a free DOS extender with built-in Win32 PE file format support. Usually the purpose of a DOS extender is to make protected-mode features available for DOS applications. HX fully supports this goal, but goes some steps further. A Win32 API emulation layer is part of HX which allows many Win32 console applications to run in DOS. This emulation goes far beyond similiar approaches in other extenders (Borland's PowerPack, WDOSX or Phar Lab TNT). Furthermore HX implements - limited - support for windows, DirectDraw, GDI and even OpenGL graphics. This allows to run "simple" Win32 GUI apps in DOS as well."
Might this be a neat way to run MAME on old hardware?...or maybe just at all?