Oh, qemu's ACPI support is somewhat buggy/and or limited that may cause bluescreens during install time. If you have problems then disable acpi and/or disable kqemu/kvm during install time. After install then it's fine to use either usually.
Sometimes the Vesa/Bosch driver can provide better video performance (not a issue if your using rdesktop), and I don't know about which sound card is better. Probably the Esoniq emulation, but I don't know.
For best disk space you want to use 'KQOW' disk image, which only consumes as much real disk space as what you need to contain the files in the emulator.(in other words a 50 gig disk image with 5 gigs of data will only use 5gigs real disk space).
For best performance you want to give Windows it's own disk or partition to run off of. Also if your using Logical Volume Management (LVM) then giving it a logical volume to use as a disk image will give very good disk performance. This will help give your system much better performance then just using a raw image file or qcow file to run out of.
I also suggest checking out FreeDOS to see what the world would be like if DOS wasn't dead. It's pretty highly compatable with those weird DOS drivers and such things and is a nice way to play oldschool games.
Also be sure to allocate lots of RAM.
Qemu by default gives only 128 megs or so, or maybe 256.
