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1. Linux is stable. Running it under Windows as the host should be fine. I wouldn't ever do it for anything other than "playing" but it works....
Yes you can. You need to download a disk image from rom-o-matic for the PXE portion. The rom-o-matic image you need is a bootable CD rom with...
Ensure you use "shared" networking for your guest VM so that it will use the pvsnatd service and "share" the network connection with your OSX host.
Yes. Check out the freedos project for CD images.
Great product for my work with Operating System development on MacIntel. My wish list: PXE support out of the box - I have worked around...