The Lock mouse button helped with my first problem which was that the emulated cursor seemed to be scaling its position based on the side of my browser window instead of the size of the emulated window. Locking the mouse fixed the position issue but I'm still unable to click on anything though.
Once you go into fullscreen mode it seems it work fine, but it took me a while to figure this out...
Ah right, thanks! Ctrl+R, regedit
Now only if we had a version that could connect to the internet. Right now it tells me that it can't find a modem and that I should call MSN Technical Support! Cute.