i have slackware 9.0 running on a 300mnz with 64mb and i find that when running Xfree86 with KDE 3.1 it is pretty sluggish. but without the gui it runs fine for me.
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"Mrs. Jones, I'm sorry to inform you, but we've run the tests, and it appears that you have XP. Now don't cry - it's bad, but it's not a death sentence. Modern science has advanced in recent years, and it's now possible to live a reasonably happy life with XP. And there's a survivor's group that you'll want to meet as well."