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There's also dxwrapper that implements old DirectDraw/3D interfaces with newer D3D9 api for better compatibility with newer Windows versions:

dgVoodoo 2 is also a nice tool for this - I've found compatibility can be better, and it also handles 3dfx Glide. http://dege.freeweb.hu/dgVoodoo2/dgVoodoo2/

I’ve had great results with this too, I really recommend trying, since it’s so easy.