Run old 16-bit installers on 64-bit systems

I've come across a neat little program that allows 16-bit EXE files to run on 64-bit systems. As some of you will be aware, the Jane's LB1 and LB2 patch files are 16-bit and are troublesome to install on modern computers.

The latest version is v0.7.0 : otvdm-v0.7.0.zip

Thank you so much, that is amazing! There have been a number of games over the years that I wished to run again, but couldn't within the native 64 bit system and I had to use a VM or something. So, I wonder how well this program will work in making full-blown games (vs just patch routines) run in later Windows versions again. I can imagine there might still be some that will suffer from simply being incompatible with a later Windows version, but I bet a number of them might just run.

I'm not sure how well actual games will run as they may call upon files or file locations which no longer exist in modern versions of Windows, but certainly self-contained installer packages should be relatively OK.

Here is the video I saw that first introduced me to the program, which shows its basic functionality and limitations.