I never got bochs working.
Emulators are nice but primarily for consoles (though I'd really like one for DOS which doesn't require seperate drivers and partitions and junk). I think that ZSnes comes pretty close to being as good as the real hardware. At least in game experience. Not the "having it" experience. Hooked up to a TV with a SNES style gamepad ZSnes handles games almost as good as the real hardware did (I think), but with the ability to quickly switch games and to save and load ingame.
I'd still prefer having the real thing though if I had the room for yet another system in my room.