Me was a bandaid fix for a problem MS was attempting to fix via WinXP.
When Win2000 was released, it was to be the great business OS. But microsoft wanted to push Win2k as a business only sorta deal, much like NT had been. They needed to release a home version, as Win98 was getting old.
The result was WinMe, basically Win98 with enhancements....or so they were called. This meant sweeping DOS under the carpet, installing all the drivers off the CD (which is kinda nice over Win98...no need to have the CD jsut to change network settings), and fluffing up the GUI.
The problem was that it was rushed out. It was also trying to make Win98 something it wasn't, but attempting to tweak a Win9x core to be more like NT.
I've got a few WinMe machines at work, and I've used it a few times at home. Most of the experiences have been horrid. However, I do have 1 installation of Me here (my last one infact) that has been functioning for over 2 years. It's not that great, but with maintenence, it's not so bad. (Also, do not expect 24/7 operation...use it, shut it down and go home, and it'll be "ok".)
The problem with Me was the marketing for it. I was sort of po'd that MS was touting Me as the OS for the next millenium and all that junk. They were making Me out to be an entirely new OS, when infact it was like a service pack and GUI skin for 98.
To those who didn't realize what Me was, they thought they were investing in the next big OS from microsoft. I wonder how many Joe Sixpacks were surprised when a year later XP is released.
For those who knew what Me was, it was expected that it would be like 98 but with fixes...that it would be faster, easier to use, and more stable. It was easier to use in the sense that you didn't need the CD as much to install network drivers, but that was it. It was not more reliable, and it was NOT faster.
Once XP was released, support for Me vanished. I feel sorry for those people stuck with Me...especially those with systems that could easily run Win2k. It just seems that Microsoft has pulled a DOS with WinMe and tried to sweep Me under the carpet!
The most annoying part of Me was when you'd get a peice of hardware that wouldn't work quite right win Win9x drivers. Some hardware pieces only worked right with specially made Me drivers. Most companies didn't do this, especailly with XP on the way. And now, how much new hardware will never really work with XP? Again, I feel sorry for thsoe stuck with Me who do not know better.
I agree with some of the above statemetns, in that I have actually sworn off the Win9x platform. There is no reason to stick with it, if you have a new system. I've only run across one program that didn't work with Win2k, and XP has even better compatibility. (Though how much is left for debate)
XP and 2k are stable, fast OS's. The only reason to keep Win98 around (and I'd use Win98SE) is for older stuff like K6-2's and before.