Stuff used:
Intel Core i5 4460 (3.2GHz)
VMWare Workstation 11
Windows ME (Japanese)
DirectX 9 Runtime (Jun 2010)
d3dx9_33.dll (needed by th10.5)
d3d9.dll (from SwiftShader 2.0)
KernelEx (th10.5 only officially supported Win2000 or above)
This game is much playable compared to the previous one (Win95 @ VPC2007 running Touhou PCB), thanks to SwiftShader, there are some graphic flaws though.