While you wait for Delphi 1, note that you can already obtain Microsoft's 16-bit Visual C++ compiler and linker at no cost (the same does not apply to 16-bit Visual Basic) and that Open Watcom has been released under an OSI-approved, if weird, license. This tutorial goes into more details: http://www.transmissionzero.co.uk/computing/win16-apps-in-c/.
While you wait for Delphi 1, note that you can already obtain Microsoft's 16-bit Visual C++ compiler and linker at no cost (the same does not apply to 16-bit Visual Basic) and that Open Watcom has been released under an OSI-approved, if weird, license. This tutorial goes into more details: http://www.transmissionzero.co.uk/computing/win16-apps-in-c/.