this is the way to install d-tool 3.47 or vcd 5440 on win95 without fully install ie4.0 or 5.5 .

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D-Tool(950b,950c, english or other lang.)-----Tested in dosbox svn daum
001,install InstMsiA.exe
002, "Microsoft MCI CD Audio"(control panel--add new hardware--no--sound,video--Microsoft MCI--CD audio device(need win95cd)--reboot
003,install usb supplement(Usbsupp--reboot)(need SCANDSKW.EXE to /WINDOWS).
*****usbsupp from osr2.5cd,must be used according to your system language*****
004,copy to /WINDOWS/SYSTEM
riched32.dll(cab5)
WINSPOOL.DRV (cab4)
SETUPAPI.DLL (ie4)
CFGMGR32.DLL(ie4)
005,install D-tool
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VCD5440(950b,950c;english or other lang.)-----Tested in dosbox svn daum
001,install InstMsiA.exe
002, "Microsoft MCI CD Audio"(control panel--add new hardware--no--sound,video--Microsoft MCI--CD audio device(need win95cd)--reboot
003,delete /WINDOWS/grpconv.exe
004,replace dll(all from ie4)
rmm.pdr \windows\system\iosubsys\
CFGMGR32.DLL \windows\system\
COMCTL32.DLL
COOL.DLL
LOADWC.EXE
OLE2.DLL
OLE32.DLL
OLEAUT32.DLL
RPCRT4.DLL
SHDOCVW.DLL
SHLWAPI.DLL
URLMON.DLL
WEBCHECK.DLL
005,add .reg

REGEDIT4

[HKEY_LOCAL_MACHINE\SOFTWARE\Microsoft\OLE]
"EnableDCOM"="Y"
"EnableRemoteConnect"="N"

006,install VCD5440

key word: minimal install,game, windows 95, daemon, virtual cd