Also wondering what is the worst part of the system thats would be slowing it down?
Probably that IDE drive.
Honestly, maybe the RAM maybe.
But I am a RAM whore. I leave 4 web browsers open with 25+ tabs each.
Don't do that, and you should be good. The machine I type this on has 4 and does swell. Overall it appears to be a pretty well-rounded system. Maybe someone else can offer some insight. Appears to be pretty good to me. It is the system I would build if I was going ultra-budget right now....