If you boot from the 10.4.11 Server Universal installer ISO and include the normal non-Server ISO in another virtual CD drive, you can also install to SATA drives. Not really required since QEMU also emulates the ATi Rage 128 chip. So assuming that you build a QEMU PPC machine that contains a VMWareGFX card, it should work with macOS X 10.0-10.4.
VMware tools don't work, but you can patch VMSvga2 by Zenith432 easily.