_Bruce_: No. Enulation and Virtual machines are great, I have no need to run actual old hardware when new hardware does the same thing better.
A few months ago when I tried to get certain DOS game to run on a real MS-DOS machine (Pentium 133 with all the bells and whistles), I was appalled how hard it was to get it to run, compared to DOSBox. I had forgotten how hard it can be to get even simple DOS games to run reliably on the real thing. In DOSBox most things run without much of extra fiddling, with real DOS PCs there were all kinds of extra quirks e.g. due to wrong CPU speed, the CPU cache causing problems (e.g. no digital audio on some old Sierra games unless you disabled CPU cache from BIOS; Sierra later released patches for those though) etc.
Not to mention, my real Roland CM-32L has scratchy sound in some games, where the Roland emulator (Munt) plays them cleanly. So I nowadays even before Munt over the real Roland.
For virtual machines specifically though... I haven't had much success with them yet. I'm running both Windows 98SE and XP in virtual machines under VMWare Player, and for now I don't consider them that good option for playing old games. They are somewhat promising, but not quite there yet. The problematic games that have issues on e.g. Windows 7, usually have issues on a virtualized PC as well. Maybe they just are that finicky.