I tried this. jload and QPIEMU.dll are both in C:\Drivers\SBEMU directory:
C:\Drivers\SBEMU\jload QPIEMU.dll
It was failling - JLoad QPIEMU.dll cannot be open error.. i had to add full patch to QPIEMU.dll too..
C:\Drivers\SBEMU\jload C:\Drivers\SBEMU\QPIEMU.dll
I had no more space in my config to add other SBEMU directly to PATH i has 256 chars limit on DOS 7 and 128 on Dos 6..
But i would expected that jload would be clever enough to search this file in own execution directory! its not and its not user friendly, intuitive etc..
If its not how its designed and its feature not bugs, its still better to load file and write some warning that its loaded from local directory than not load it at al..