*"There's a difference between the emulator and VM. The emulator 'takes' over the whole machine and becomes the operating system, while VM runs inside the operating system."*Sounds reasonable. I wonder where that places things like the ST or Timex 2068 'emulators' I have. They don't take over the machine and they're emulating an entirely different hardware and software architecture. Are they really VMs?

I Never owned a Commodore or even had much chance to play with one. I went from the Timex to the ST and then a PC. Consolidation has been a great thing. OTOH, there was a certain charm to those old distinct Commodores, TIs, Ataris etc.  

"Democracy is a pathetic belief in the collective wisdom of individual ignorance." - H. L. Mencken