Interesting. I remember reading articles about DOS 4 being late, late, late (do I see a pattern?) and speculating about its capabilities, multitasking being the main thing. Then, of course, it was delivered, and it was buggy, and it didn't multitask or contain any of the other ambitious things that had been rumored.... I guess you could call it "Vista 88."
I had no idea that the DOS 4 of rumor actually came that close to production.
I used DOS 4 once, to win a bet. There was this guy who wasn't my boss, but always acted like it. He told me it was impossible to make a boot floppy that had both network and CD-ROM support. The problem was that he was using the DOS portion from Windows 95 or 98 and running out of disk space. DOS 5 and DOS 6 had smaller system files of course, but DOS 4 was smaller still, so I used it and that gave me just enough headroom to fit it all on there. I think it worked too.
Then I started showing off, zipping all the files up, then making autoexec.bat set up a ramdisk and unzip the file there and then do all the network setup. It worked a lot like Bart Lagerweij's modboot system over at nu2.nu, but without the slick menus, and you had to edit some files to get it to work with a different network card. Once I got it to that point, there was enough space on the disk to use Windows 98's DOS, or whatever other DOS you wanted, so there wasn't any reason to use DOS 4 anymore.