DOSBox is useful for playing a variety of games without purchasing obsolete hardware.

I've gotten Windows 95 installed on at least one hard disk image.  However, using CDs requires copying files (using DiskExplorer) to a large image file.

Few sites make large, blank *.img files available, so there are a few in the Attachments section.  Here is the relevant drive geometry:
256MB image:    512,63,16,520
512MB image:    512,63,32,520
520MB image:    512,63,16,1023
1GB image:        512,63,64,520
2GB image:        512,63,64,1023

Each are only a few hundred kilobytes at most, but will balloon up to their proper size when uncompressed.

When opening a disk image, select "vmware plain disk".