Give a guy an iPhone, a jailbreak, and an open-source, cross-platform x86 emulator, and it's just a matter of time before hilarity ensues. In this case, said hilarity involves getting Windows 95 to boot on an iPhone 3G, a process that takes 5-10 minutes worth of pure boot time only to yield an environment useless for... well, actual use. In the video, we see the hack demonstrated both on an actual iPhone and within the Mac-based emulator, which we reckon is just about the most terrifying Parallels / VMware replacement we've ever encountered. Apparently, XP emulation and 3GS tests are up next -- the 3GS should perform marginally better on account of its faster core and more capacious RAM -- but that still won't cure the sting of being handily beaten to the milestone by the N95, will it? Follow the break for video of the mind-twisting Microsoft-on-Apple-on-Apple emulation in action.