Lots of modern drivers won't work with 95 either. I've had a DOS cabinet, a Windows 98 cabinet, and an XP cabinet, and all three have their positive and negative sides.
Remember that Windows 95 doesn't support FAT32 unless you can get your hands on OEM Release 2, and you don't have any USB support at all until OEM Release 2.5. Windows 95 can also have trouble with systems with more than 256MB of RAM, depending on the exact build, whereas Win98 should be okay up to a gig (and possibly more if you tinker with cache settings in the registry), although performance may fall over 256MB. These memory problems will be worse on a system with an AGP video card because of address space taken up by the AGP aperture (and again, AGP isn't supported properly until OEM 2.5 on Windows 95).
--Chris