Yeah, Shrout, I think that's about it.
I had to do the same for my poor, Mac-deprived Windows 2k machine here...I got EV:N, and ported Classic on it.
Then I got smart, (I missed using a Mac on a regular basis...now I use it every day!) and got meself a Mac emulator YARR!(Oh, and they have Mac emulators for Mac, too...so you can run programs like EV:C on a G5 with OS 10.3. You should check it out: http://www.emaculation.com)
I run OS 7.5.5 at 800x600 resolution, Millions of colors (32-bit), and I gave it a 500 MB Virtual HDD, and 200 MB of my 256 MB of RAM. I'm running a (LEGAL! I got it here: http://www.the-under...g/nonpc.php#a1) Quadra ROM (700 or 900, I don't know) with a 680x0 architecture (sadly, I can't do PPc, for I haven't yet copied my PPC OS 9 ROM from home yet (can't get the Mac up and running quite yet...). And I run EV:C, and now make plugins for it.
Yes, a strange combination of emaculation and underdogs can get you a working Mac emulator on Mac.
Hope that helps, too.