That's all I ever hoped for. This proves even the earliest Macs can still be used in practical applications today with the proper software, which is exactly the point of the original 128K – no need to upgrade the hardware, just update the software. Pretty impressive actually.
Well, when I hook my MacBook up to my 128K, it's a matter of simply plugging in the USB adapter. Of course I use a preconfigured Sheepshaver emulation so I can use Clarisworks, but evidently it works just fine with Terminal.
The trick is doing what you did under Snow Leopard.