Well, I'm still interested, but I have a suspicion that the versions arn't compatible, I might make another go at the CD version, but I havn't had much luck with it so far.
Edit:
Ugh, I just proved that I havn't played in too long, forgot that the disk version only HAS hotseat.
Edit 2:
Using the new version of DosBox (released March 30th), mounting a CD image with Daemon Tools, and setting dosbox to have the image as D with ioctl support (plus running the installer through DosBox) I have got everything (including videos) working on XP. Only strangeness is that if I don't press Run Full (that is, if I use the standard video display instead of one that increases the size) the videos run at VERY high speed.
Edit 3:
I've found that if you reduce the emulated speed to 3000 cycles the videos play about right, but this has the unfortunate effect of making the whole thing slower than ideal for play.