And yup, it boots, at least in QEMU. Emulated 486DX CPU, 16MB of RAM and a standard 1.44M floppy disk image, booted with this lovely tiny-floppy-bootloader project: https://github.com/guineawheek/tiny-floppy-bootloader
Unfortunately, it errors out in 86box upon calling interrupt 0x15 after enabling the A20 line (?), which, as far as I could find out, has something to do with the lack of a memory size reporting instruction in protected mode in BIOSes, which just wasn't a standardized thing before the 2000s or something? Hmpf
