I have finally created fully working system for ruuning old games under WinXP.
VDMSound and DosBOX are present. But few games doesn't work with them, or rather slow.
Solution to that is creating a Virtual PC (I used Microsoft Virtual PC). It is very simple, but you have to install all the additional software yourself. Like an OS or drivers. But that's not the big problem
Here is configuration of PC:
Pentium 200MHZ (or similiar)
RAM: Variable
Video: S3Trio 8Mb
Sound: SoundBlaster16 Awe32
I've succesfully installed and configured 3 PC's
1. WIN98SE
2. WIN95
3. Native DOS 7.0
Everything works smoothly.

I finally ran the games which are Windows95 compatible and refuses to work under WinXP. (Magic The Gathering)
Of course there are few drawbacks :
1. Microsoft Virtual PC is shareware (but there is 45 days trial to download (16 Mb))
2. Requires a little of Dos knowledge (installing drivers, MSCDEX)
3. Doesn't support physical USB port :not_ok: (though COMs are working fine) My joystick wasn't too happy about that .
That's all I can think about right now.
So the best configuration is following:
Try to run a game using these emlators.
1. VDMSound
2. DosBOX 0.63(without any tweaking)
3. Virtual PC (one of systems required).
It is almost 98%, that everything will work ..
I WAS FINALLY ABLE TO PLAY CRUSADER AT DECENT SPEED