Q: how to create a bootable image on os 9.2

Will that create a true image of the whole old computer including programs running on it. And can that image created be restored with Sheepshaver to replicate the old computer in a virtual environment?. Thanks so much for your quick reply

I think SheepShaver will only run up to 9.0, my machine has 9.2; I'm nor familiar with the Disk Copy option, any tutorials or place to google how to use it? Thanks again Niel!