Yes I too was doing IT in the mid 90's and did far more than my share of widnows 3.1 with win32s.
If you'd looked into bow it hooks all the timers from dos, and can happily run more than one thing at a time, and preempt them.
It's a winning combination for sure, even on my lowly 386 DX 16, I can run word, excel & bow at the same time. It's great!
No, I haven't. I have zero nostalgia for Windows 3.x and no desire to ever run it again.
I did write about ArcaOS 5.1 recently:
https://www.theregister.com/2023/09/04/arcaos_51/
That runs WinOS2 and that was interesting, but it's inside a grown-up OS. That's different.
This isn't from the mid-1990s. It's from the early '90s and that was a time of huge rapid change. Mid to late '90s stuff is fun. Early '90s stuff is painful.
Windows 3.0 and 3.1 can multitask DOS stuff quite well in their own right; it's Win16 binaries that they can only cooperatively multitask.
https://archive.org/details/bsd-on-windows
If be more interested if that runs ..