There is a new Win9x Coda Client available at 

ftp://ftp.coda.cs.cmu.edu/pub/coda/win95/coda-debug-client-5.2.3-pre.exe

It is a snapshot of the latest development tree and has some new
features such as aggressive caching in the kernel, which is based on the
dcache implementation of Linux. Coda now is a lot faster and hits local
speed during certain operations.

Please, try it and let us know what you think, but also remember it is
still in alpha state and bugs may show up. We are looking forward to
kicking them out.

cheers
marc

ps the provided Coda_Howto is not yet up-to-date, but it will be soon
;-)