I had a 'idiot' moment about 8-9 years ago and trashed all my old IBM compatible stuff. I can honestly say that I've regretted it ever since. I had several different Tandy 1000 boards, a bunch of 486, 386, and a couple of 286 boards. I even trashed on old Packard Bell board that made up my first computer I ever put together myself.
However, nostalgia isn't really the topic of this post I guess so enough of that. Yeah, perhaps it was a hassle dealing with hardware conflicts and the like but DOS VM's are no picnic in the park either. I had a painful moment about a year ago trying to get Win 3.1 VM going. It worked eventually but wow! I never had that much trouble with original hardware. I love virtualization but sometimes you can't beat the original.
Dang, now I got the itch...gotta go check out old PC stuff on eBay...