The former option gives you the best performance you can get, while the latter option is a lot simpler.
You should also read this page from Macintosh Garden. If you want to install Mac on PC, you have two basic options how to do it: you can either install the Mac OS X operating system directly on a drive or use a Mac emulator for Windows.
Mac emulation is more complicated than DOS emulation, but the E-Maculation community is very helful, with tons of guides and tutorials in english.
Regardless, it's no longer actively developed. Use one of these Windows emulators for Mac to work with apps and play games that run only on PC. It used to be a commercial product, but was later made a free download, then open-source.
(If you do own a modern Mac, look for "Chubby Bunny", a pirate release of the OS X version that comes preconfigured with Mac OS 9. 0 N L Y T 0 0 R D E R HIP RAUNCH HO11 Y OUTRAGEOUS Sexy Software Sex) Software EX Y DIK''' Sexcapcrdes. All security patches for Mac OS X 10.4.11 Coming soon: The Unarchiver 2.3 (2015) for extracting/compressing Stuffit archives. This is probably the best replacement for Classic mode.
It's great for games with black-and-white graphics.
PCE.js puts a Macintosh Plus running System 7 in your web browser.This function was removed with Mac OS X 10.5 "Leopard" in 2007. The " Classic mode" was a function of early versions of OS X that allowed one to run pre-OS X applications.It was superseded by OS X from 2001 onward. Mac OS (called simply "System" until 1996) is an operating system by Apple that powered the Macintosh line of computers from 1984 to 2000.