TCG <--> KVM behavior difference (TCG bug)

Host environment

• Operating system: Ubuntu 18.04/20.04
• Architecture: x86_64
• QEMU config: --target-list=i386-softmmu --enable-sdl --enable-kvm --disable-strip
• QEMU flavor: qemu-system-i386
• QEMU version: 6.2
• QEMU command line:

  ./qemu-system-i386 -m 1000 WinXP_SP2.qcow2 -monitor stdio -snapshot

Emulated/Virtualized environment

• Operating system: Windows XP SP2
• Architecture: x86
• Application: https://www.exploit-db.com/exploits/32041

Description of problem

This app couldn't start in TCG mode in QEMU 6.2, but with KVM everything is good. Until version 6.0 it also works with TCG. As I checked - problem git commit is 5f952900.

Steps to reproduce

1. Install Allplayer
2. Try to run it in TCG and KVM mode with QEMU 6.2