We know what you’re thinking. “Man! Now that Microsoft has confirmed (and re-confirmed) that the HD2 won’t be getting an (officially endorsed) upgrade to Windows Phone 7, I can only hope that it will some day be able to run a desktop OS from fifteen years ago!”

Well, friend, that day has come.

The always incredible folks over at XDA-Dev have successfully managed to get Windows 95 up and running on the QEMU virtual machine emulator. Stuff like this generally runs slow as dirt, but coupled with the HD2′s 1ghz processor, there seems to be enough meat here to muscle through the fairly complex emulation.

[Good find, WMpoweruser!]