diff --git a/bochs/config.h.in b/bochs/config.h.in
index d307c8722..273da37eb 100644
--- a/bochs/config.h.in
+++ b/bochs/config.h.in
@@ -143,7 +143,7 @@
 // Minimum Emulated IPS.
 // This is used in the realtime PIT as well as for checking the
 // IPS value set in the config file.
-#define BX_MIN_IPS 200000
+#define BX_MIN_IPS 1000000
 
 // Minimum and maximum values for SMP quantum variable. Defines
 // how many instructions each CPU could execute in one
diff --git a/bochs/gui/gui.cc b/bochs/gui/gui.cc
index c27f6faff..e573d5129 100644
--- a/bochs/gui/gui.cc
+++ b/bochs/gui/gui.cc
@@ -871,7 +871,7 @@ void bx_gui_c::graphics_tile_update_in_place(unsigned x0, unsigned y0,
 void bx_gui_c::show_ips(Bit32u ips_count)
 {
 #if BX_SHOW_IPS
-  BX_INFO(("ips = %u", ips_count));
+  BX_INFO(("ips = %3.3fM", ips_count / 1000000.0));
 #endif
 }
 
diff --git a/bochs/gui/rfb.cc b/bochs/gui/rfb.cc
index 4db69805a..832f5c8d8 100644
--- a/bochs/gui/rfb.cc
+++ b/bochs/gui/rfb.cc
@@ -1692,7 +1692,7 @@ void bx_rfb_gui_c::get_capabilities(Bit16u *xres, Bit16u *yres, Bit16u *bpp)
 void bx_rfb_gui_c::show_ips(Bit32u ips_count)
 {
   char ips_text[40];
-  sprintf(ips_text, "IPS: %9u", ips_count);
+  sprintf(ips_text, "IPS: %3.3fM", ips_count / 1000000.0);
   rfbSetStatusText(0, ips_text, 1);
 }
 #endif
diff --git a/bochs/gui/sdl.cc b/bochs/gui/sdl.cc
index ce6669a3c..00fc47367 100644
--- a/bochs/gui/sdl.cc
+++ b/bochs/gui/sdl.cc
@@ -1610,7 +1610,7 @@ void bx_sdl_gui_c::set_display_mode(disp_mode_t newmode)
 void bx_sdl_gui_c::show_ips(Bit32u ips_count)
 {
   if (!sdl_ips_update) {
-    sprintf(sdl_ips_text, "IPS: %9u", ips_count);
+    sprintf(sdl_ips_text, "IPS: %3.3fM", ips_count / 1000000.0);
     sdl_ips_update = 1;
   }
 }
diff --git a/bochs/gui/win32.cc b/bochs/gui/win32.cc
index b485901b7..ed86a7836 100644
--- a/bochs/gui/win32.cc
+++ b/bochs/gui/win32.cc
@@ -2285,7 +2285,7 @@ VOID CALLBACK MyTimer(HWND hwnd,UINT uMsg, UINT idEvent, DWORD dwTime)
 void bx_win32_gui_c::show_ips(Bit32u ips_count)
 {
   if (!ipsUpdate) {
-    sprintf(ipsText, "IPS: %9u", ips_count);
+    sprintf(ipsText, "IPS: %3.3fM", ips_count / 1000000.0);
     ipsUpdate = TRUE;
   }
 }
diff --git a/bochs/gui/wx.cc b/bochs/gui/wx.cc
index b10b1e426..29c5e3c41 100644
--- a/bochs/gui/wx.cc
+++ b/bochs/gui/wx.cc
@@ -1676,7 +1676,7 @@ void bx_wx_gui_c::show_ips(Bit32u ips_count)
   bx_bool is_main_thread = wxThread::IsMain();
   bx_bool needmutex = !is_main_thread && SIM->is_sim_thread();
   if (needmutex) wxMutexGuiEnter();
-  sprintf(ips_text, "IPS: %9u", ips_count);
+  sprintf(ips_text, "IPS: %3.3fM", ips_count / 1000000.0);
   theFrame->SetStatusText(wxString(ips_text, wxConvUTF8), 0);
   if (needmutex) wxMutexGuiLeave();
 }
diff --git a/bochs/gui/x.cc b/bochs/gui/x.cc
index 7e4753530..61a88ccc6 100644
--- a/bochs/gui/x.cc
+++ b/bochs/gui/x.cc
@@ -2043,7 +2043,7 @@ void bx_x_gui_c::show_ips(Bit32u ips_count)
 {
   if (x11_mouse_msg_counter == 0) {
     if (!x11_ips_update && !x11_hide_ips) {
-      sprintf(x11_ips_text, "IPS: %9u", ips_count);
+      sprintf(x11_ips_text, "IPS: %3.3fM", ips_count / 1000000.0);
       x11_ips_update = 1;
     }
   } else {