Interestingly enough Windows 2000 works fine on QEMU 64-bit but you have to specify Pentium as your CPU otherwise it doesn't complete the install (it will not pass the detecting/setting up devices phase).
-vga cirrus is wise because it is supported by Windows 2000 and allows higher resolutions and 24-bit color.
-cpu Pentium emulates an old computer and is necessary for install to complete
-device rtl8139 is important as this oldschool Realtek 8139 NIC is supported by W........
Now older versions of qemu-kvm didn't throw this error say if you just had "-video cirrus" when starting qemu-kvm. But newer versions do care.
And this probably only applies to you if you are running from bash/terminal with remote kvm images.
What you need to do is remove the "-video" part and just add -vnc :5
eg. this would fix the error:
qemu-system-x86_64 -enable-kvm -boot order=cd,once=dc -m 1024 -drive........