If you really want to "try" how things will work on older systems, many virtual machines let you select which CPU/speed they emulate - and some seem pretty accurate - If you just want to try different speeds not matching specific hardware .. DosBox works well ... It can directly interface to the host filesystem easier than most, and the "cycles" option give you pretty wide/flexible control of how fast/slow things run.
I sometimes fire up DOOM under DosBox and have pretty good results.
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Regarding "what to do with a 286" - There's lots I still do with older systems.
I know.... this is the wrong forum to be saying stuff like this ... computers can do a lot more than play games!
Things I use older systems for (most of these are using my own software - cuz I've written almost all the tools I use) mostly within DOS:
If it has a good FDC (or you can put one in): ImageDisk system. IMD has to run under DOS - making many newer systems tougher (the reason I offer a version which runs stand-alone on a bootable floppy. If you want to archive/restore classic floppy disks, or just want some of the best options when recovering one, this can be very useful.
DDLINK server - If you want to be able to move data between multiple systems which might not have networking software setup - this can work well. Also, DOS has the advantage that you can set it up so you can remotely power it ON/OFF and not trsash it. I have one setup with a couple wireless remote controls - I can remotely fire it up - transfer "stuff" to it, then grab that stuff from another locsation (saves a lot of going up/down stairs just to poewr-ON normally OFF systems)
Independant second screen - I often DDLINK source and related files to one of my DOS systems just so I can get them up on it's monitor while I work on them at and adjecent system - don't have to worry about focus or "popping" up something like TFB (TsrFileBrowser).
Debugging aid - you can use thing like:
SNIFF, SDT, PPDEBUG, PCLA, LOADGEN etc. to monitor/debug communications lines.
digital signalsetc.
Any time I want to run/test something under a "a real DOS system" instead of an emulator (this is most often to interface with some specific hardware)
Simple/classic development environment for retro PC and/or embeddedsystems.
- Dave ; https://dunfield.themindfactory.com ; "Daves Old Computers" ; SW dev addict best known:
ImageDisk: rd/wr ANY floppy PChardware can ; Micro-C: compiler for DOS+ManySmallCPU ; DDLINK: simple/small FileTrans(w/o netSW)via Lan/Lpt/Serial