I gave 4033 a try on my Lenovo ThinkPad L530. When I select any option from OS2LDR, it starts, the screen goes black for about half a second, and the machine reboots.
Using showmem=1 causes it to show a bit of interesting data, but it goes black, and reboots, after pressing a key (even when I select to boot the normal kernel). No sign of a log file, and I don't have a com port to play with.
It is possible that I didn't set it up properly. The instructions are about as clear as mud.