diff --git a/gfx/common/win32_common.c b/gfx/common/win32_common.c
index f987602bfc..544eef679c 100644
--- a/gfx/common/win32_common.c
+++ b/gfx/common/win32_common.c
@@ -226,7 +226,14 @@ void win32_monitor_get_info(void)
    current_mon.cbSize = sizeof(MONITORINFOEX);
 
    GetMonitorInfo(win32_monitor_last, (LPMONITORINFO)&current_mon);
+
+#if _WIN32_WINDOWS >= 0x0410 || _WIN32_WINNT >= 0x0410
+   /* Windows 98 and later codepath */
    ChangeDisplaySettingsEx(current_mon.szDevice, NULL, NULL, 0, NULL);
+#else
+   /* Windows 95 / NT codepath */
+   ChangeDisplaySettings(NULL, 0);
+#endif
 }
 
 void win32_monitor_info(void *data, void *hm_data, unsigned *mon_id)
@@ -776,8 +783,14 @@ static bool win32_monitor_set_fullscreen(
    RARCH_LOG("Setting fullscreen to %ux%u @ %uHz on device %s.\n",
          width, height, refresh, dev_name);
 
+#if _WIN32_WINDOWS >= 0x0410 || _WIN32_WINNT >= 0x0410
+   /* Windows 98 and later codepath */
    return ChangeDisplaySettingsEx(dev_name, &devmode,
          NULL, CDS_FULLSCREEN, NULL) == DISP_CHANGE_SUCCESSFUL;
+#else
+   /* Windows 95 / NT codepath */
+   return ChangeDisplaySettings(&devmode, CDS_FULLSCREEN);
+#endif
 #endif
 }
 
@@ -828,7 +841,7 @@ bool win32_suppress_screensaver(void *data, bool enable)
 
       if (major*100+minor >= 601)
       {
-#ifdef _WIN32_WINNT_WIN7
+#if _WIN32_WINNT >= 0x0601
          /* Windows 7, 8, 10 codepath */
          typedef HANDLE (WINAPI * PowerCreateRequestPtr)(REASON_CONTEXT *context);
          typedef BOOL   (WINAPI * PowerSetRequestPtr)(HANDLE PowerRequest,
@@ -855,12 +868,20 @@ bool win32_suppress_screensaver(void *data, bool enable)
          }
 #endif
       }
-      else
+      else if (major*100+minor >= 410)
       {
-         /* XP / Vista codepath */
+#if _WIN32_WINDOWS >= 0x0410 || _WIN32_WINNT >= 0x0410
+         /* 98 / 2K / XP / Vista codepath */
          SetThreadExecutionState(ES_DISPLAY_REQUIRED | ES_SYSTEM_REQUIRED);
          return true;
+#endif
       }
+	  else
+	  {
+         /* 95 / NT codepath */
+	     /* No way to block the screensaver. */
+         return true;
+	  }
    }
 #endif
 
diff --git a/gfx/common/win32_common.h b/gfx/common/win32_common.h
index 975eb5caf8..43bef2fc85 100644
--- a/gfx/common/win32_common.h
+++ b/gfx/common/win32_common.h
@@ -22,6 +22,12 @@
 #ifndef _XBOX
 #define WIN32_LEAN_AND_MEAN
 #include <windows.h>
+#if _WIN32_WINNT <= 0x0400
+/* Windows versions below 98 do not support multiple monitors, so fake it */
+#define COMPILE_MULTIMON_STUBS
+#include <multimon.h>
+#endif
+
 #endif
 
 #include <boolean.h>
diff --git a/pkg/msvc/msvc-2003/RetroArch-msvc2003.vcproj b/pkg/msvc/msvc-2003/RetroArch-msvc2003.vcproj
index c0a839e701..dfb5fcd27a 100644
--- a/pkg/msvc/msvc-2003/RetroArch-msvc2003.vcproj
+++ b/pkg/msvc/msvc-2003/RetroArch-msvc2003.vcproj
@@ -21,7 +21,7 @@
 				Name="VCCLCompilerTool"
 				Optimization="0"
 				AdditionalIncludeDirectories="&quot;$(SolutionDir)\..\..\libretro-common\include&quot;;&quot;$(SolutionDir)\..\..\libretro-common\include\compat\msvc&quot;;&quot;$(SolutionDir)\..\..\gfx\include&quot;"
-				PreprocessorDefinitions="_WIN32;RARCH_INTERNAL;HAVE_CC_RESAMPLER;HAVE_GRIFFIN;HAVE_FBO;HAVE_ZLIB;HAVE_RPNG;HAVE_RJPEG;HAVE_RBMP;HAVE_RTGA;HAVE_IMAGEVIEWER;HAVE_XMB;WANT_ZLIB;HAVE_DINPUT;HAVE_DSOUND;HAVE_DYLIB;HAVE_NETWORKING;HAVE_NETWORK_CMD;HAVE_COMMAND;HAVE_STDIN_CMD;HAVE_THREADS;HAVE_DYNAMIC;HAVE_OVERLAY;HAVE_RGUI;HAVE_MENU;HAVE_7ZIP;HAVE_MATERIALUI;HAVE_LIBRETRODB;HAVE_STB_FONT;__STDC_CONSTANT_MACROS"
+				PreprocessorDefinitions="_WIN32;WINVER=0x0400;_WIN32_WINNT=0x0400;RARCH_INTERNAL;HAVE_CC_RESAMPLER;HAVE_GRIFFIN;HAVE_FBO;HAVE_ZLIB;HAVE_RPNG;HAVE_RJPEG;HAVE_RBMP;HAVE_RTGA;HAVE_IMAGEVIEWER;HAVE_XMB;WANT_ZLIB;HAVE_DINPUT;HAVE_DSOUND;HAVE_DYLIB;HAVE_NETWORKING;HAVE_NETWORK_CMD;HAVE_COMMAND;HAVE_STDIN_CMD;HAVE_THREADS;HAVE_DYNAMIC;HAVE_OVERLAY;HAVE_RGUI;HAVE_MENU;HAVE_7ZIP;HAVE_MATERIALUI;HAVE_LIBRETRODB;HAVE_STB_FONT;__STDC_CONSTANT_MACROS"
 				MinimalRebuild="TRUE"
 				BasicRuntimeChecks="3"
 				RuntimeLibrary="5"
@@ -33,6 +33,7 @@
 				Name="VCCustomBuildTool"/>
 			<Tool
 				Name="VCLinkerTool"
+				AdditionalDependencies="winmm.lib"
 				OutputFile="$(OutDir)/RetroArch-msvc2003.exe"
 				LinkIncremental="2"
 				GenerateDebugInformation="TRUE"
@@ -69,7 +70,7 @@
 			<Tool
 				Name="VCCLCompilerTool"
 				AdditionalIncludeDirectories="&quot;$(SolutionDir)\..\..\libretro-common\include&quot;;&quot;$(SolutionDir)\..\..\libretro-common\include\compat\msvc&quot;;&quot;$(SolutionDir)\..\..\gfx\include&quot;"
-				PreprocessorDefinitions="_WIN32;RARCH_INTERNAL;HAVE_CC_RESAMPLER;HAVE_GRIFFIN;HAVE_FBO;HAVE_ZLIB;HAVE_RPNG;HAVE_RJPEG;HAVE_RBMP;HAVE_RTGA;HAVE_IMAGEVIEWER;HAVE_XMB;WANT_ZLIB;HAVE_DINPUT;HAVE_DSOUND;HAVE_DYLIB;HAVE_NETWORKING;HAVE_NETWORK_CMD;HAVE_COMMAND;HAVE_STDIN_CMD;HAVE_THREADS;HAVE_DYNAMIC;HAVE_OVERLAY;HAVE_RGUI;HAVE_MENU;HAVE_7ZIP;HAVE_MATERIALUI;HAVE_LIBRETRODB;HAVE_STB_FONT;__STDC_CONSTANT_MACROS"
+				PreprocessorDefinitions="_WIN32;WINVER=0x0400;_WIN32_WINNT=0x0400;RARCH_INTERNAL;HAVE_CC_RESAMPLER;HAVE_GRIFFIN;HAVE_FBO;HAVE_ZLIB;HAVE_RPNG;HAVE_RJPEG;HAVE_RBMP;HAVE_RTGA;HAVE_IMAGEVIEWER;HAVE_XMB;WANT_ZLIB;HAVE_DINPUT;HAVE_DSOUND;HAVE_DYLIB;HAVE_NETWORKING;HAVE_NETWORK_CMD;HAVE_COMMAND;HAVE_STDIN_CMD;HAVE_THREADS;HAVE_DYNAMIC;HAVE_OVERLAY;HAVE_RGUI;HAVE_MENU;HAVE_7ZIP;HAVE_MATERIALUI;HAVE_LIBRETRODB;HAVE_STB_FONT;__STDC_CONSTANT_MACROS"
 				RuntimeLibrary="4"
 				UsePrecompiledHeader="0"
 				WarningLevel="3"
@@ -79,6 +80,7 @@
 				Name="VCCustomBuildTool"/>
 			<Tool
 				Name="VCLinkerTool"
+				AdditionalDependencies="winmm.lib"
 				OutputFile="$(OutDir)/RetroArch-msvc2003.exe"
 				LinkIncremental="1"
 				GenerateDebugInformation="TRUE"