The latest versions of VICE/2, the OS/2 port of the Versatile Commodore Emulator, do not run at resolutions with 16 million colors. The bug has been reported to the VICE development team. They have acknowledged the problem but nobody feels that he has enough knowledge of the OS/2 GPI to fix it.
If anybody can help, please send a message to the VICE development mailing list at:
This email address is being protected from spambots. You need JavaScript enabled to view it.