I tried the newest KernelEx version.
K-Meleon appears more stable than I remember with this version. Unfortunately, I still need to disable javascript to prevent the browser from crashing. Also, I'm not sure if the new KernelEx update damaged my WinME installation in my VMWare. Suddenly, I could not drag files to the guest, file transfers by shared folders, flash drives would not appear, and cds would fail. Reinstalling VMWare tools did not help.