The two most popular ways of running Windows on Mac are Parallels (www.parallels.com) and VMWare Fusion (www.vmware.com/fusion). Both run Windows in a virtual machine and you can have multiple VMs and different versions of Windows running at the same time. I currently use Win 7 and XP - but only have one piece of software on that that I haven't escaped from yet. Just need the time to move to a new version. I have run both and personally prefer Parallels but both are excellent. VM Ware will not allow you to "see" the C drive from the Mac which is why I prefer Parallels - otherwise they are both pretty much the same and tend to leapfrog each other in performance etc. from release to release.
For 5250 I use Mocha TN5250 and also the open source TN5250J. From time to time I use Ops Nav etc. on the Windows side but I try to use Windows as little as possible - it seems pretty stable when you don't give it much to do <grin>
I have Office for Mac but prefer the iWork suite - which can output Office capable files and is much easier to use than Office. I also have Open Office on the Mac but it is too much like MS Office for me and I don't use it much.
Most of the software on the Mac seems far more robust than on Windows and even when a problem arises it is quickly dealt with and rarely if ever causes a reboot.
Jon Paris
www.partner400.com
www.SystemiDeveloper.com
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