I would have to say that 98 is faster (generally). Espcially when it comes to simulators. Reason being that 98 allows direct access to the hardware... of course it is far less stable than 2000 and XP.
I have windows 2000 professional on a 14 gig hard drive right now(fat 32). Im going to buy a new drive (45 gigs, will be fat 32) and install windows 2000 on that. I want to use my old drive for ...