"Windows 95 was certainly the biggest thing in the last 20 years until now. I think Windows 8 certainly surpasses it."
What is Balmer smoking? Windows 95 the biggest thing in what? Computing? I would think other things in computing have been bigger (or at least better) in the last 20 years. The world-wide web, for one. OK that made its first wobbly steps in 1990/1991, so outside the time frame, but it only really took off the years after. The Mosaic Browser (1993) was a seminal event in computing. Windows 95 was not.
In my view, Windows 95 improved upon Windows 3.1(1) in that it camouflaged the fact that it was a graphic shell overlaid on MS-DOS rather better. It did a bit more than that, and popularized the WIMP-style (windows, icons, menus, pointer) GUIs still with use today. Yes I know MS did not invent them, but W95 did bring them to a big audience, and took the MS-DOS crowd away from the command line.
Pirate icon because I was ill on "Talk like a pirate day"