Can Win 7 32/64-bit can run old games?

Guys recently I am going to buy a new computer.Here is the config which would like this:
Processor:core i3 3rd gen/core I 5 2500k
Ram:8 gb ddr3 1600mhz
Graphics:ATI 7770/7850
OS:win 7 32/64 bit
I want to play those games which was released from 1995-2006.I know I can play latest game smoothly but I also want to play old games.Can this game can be run of this config smoothly or tell me which I can play?
Thanks

Here's DOSbox's download link: http://www.dosbox.com/download.php?main=1
And a a good tutorial on how to use it if you're not familiar with the programming: http://www.howtogeek.com/104725/how-to-use-dosbox-to-run-dos-games-and-old-apps/

I dumped my pre-XP games apart from Hogs of War by Infogrames which I found quirky and addictive. I can't get it running under XP though I found some who claim success by fiddling with the compatibility settings. Strangely I have run it in XP and even Windows 7 but never more than once. It locks up and dies. I'm quite a fan of VMware Player and managed to install Windows 98. I installed Hogs of War and shock horror it doesn't run. From what I've read, any Windows OS before Windows 2000 will not support 3D graphics when run as a virtual OS. That makes it pretty useless to use a virtual OS for early games.

I'm mightily miffed at all the time I've wasted and would suggest that anyone interested in reviving a collection of classic games buy a really old computer for that purpose. I'm sure there are specialist ways of running pre-XP games but that in itself is likely to require a lot of time and expertise. Support for classic gamers from Microsoft and virtual machine companies is sadly lacking. Roll on development of a 3D acceleration option in VMware Player tools for Windows 98 or even less likely a release of Hogs of War II.

Those old games cost a lot of money at the timer so it hurts to have to dump them. I suppose most of them were pretty poor by today's standards though. Playability is the thing and there must be at least a dozen Windows 95/98 games which still have strong appeal. If only some company with the expertise could buy the rights and make the modifications necessary for them to run under Windows 7. Such a compilation could be a big seller. Include Hogs of War and I'd buy it.

Thanks you every one