Legend!
What I was looking for THANK YOU!!!!
In the end, a machine that I built in the late 90's or so was too crippled to update (and that's before getting to the PMShell Desktop handle issues...).
So I bit the bullet and rebuilt it. I just mounted the old crippled Drive C to act as a reference/config source, so I could copy existing settings (nfs mounts, tcpnbk.lst, pinghost.lst and most importantly the DDNS configs) across.
I got so annoyed that I even set up RSU files for all of the fix packs, but lost them when I rolled the VM snapshot back.
If anyone has any interest, I'll re-create them, as they aren't too hard at all, and I'll host them (FP's included), so basically a one-click update (per FP). That should make someone's life easier. I've been able to mirror bits of public.dhe.ibm.com/ps/products/os2/ that I need, but good old ftp to service.ibm.com is long gone and anonymous no longer works. Not sure if RSU can https these (with newer relevant TLS certs no less), hence me hosting via ftp.
Let me know and I'll have a bit of fun and put them up.
I'm actually running the OS/2 hosts as MS Virtual PC (V7) running in an XP VM on ESX V7.

The hardest bit of all of that it getting the initial install done until you can add the MS Virtual PC additions and THEN the mouse starts behaving to make it usable.

So cloning VM's, coping disks etc is really easy and quick.
Cheers to all! Thanks for the help.