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........
WARNING: Image format was not specified for '/mnt/space/cucm12.img' and probing guessed raw.
Automatically detecting the format is dangerous for raw images, write operations on block 0 will be restricted.
Specify the 'raw' format explicitly to remove the restrictions.
#you should manually specify the format