It does. It picks the CD up as Windows 95 installation media. The problem I'm running into, for starters, is after the install process finishes, it asks for the Windows 95 CD and when I point it at the CD drive (on the VM), it doesn't find a file it's looking for. I can cancel through it, but it hoses stuff up. Then VM Tools doesn't install properly and it goes downhill from there...
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