|1. The version reported is the Windows version. This number has no relationship to DOS whatsoever. There is no DOS in Windows ME except for a period early in the boot process. To permit running DOS programs Windows ME provides an emulated DOS environment, of which the so called DOS prompt is a part. Microsoft decided that it would be more useful to report the Windows version instead of the emulated DOS version. I agree.|
2. You will have no access to NTFS volumes but you will be able to access any formated as FAT32. The boot disk provides a real DOS environment. No version of DOS has ever been able to access NTFS, although third party extensions are able to do this.
Never put your email address on a any public forum as this is an invitation for SPAM. You should remove this if a moderator has not already done so.