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For that usage, I'd recommend searching for off-lease (used) corporate machines. Around here, I've been seeing a fair number of Dell's "GX" series machines going for two or three hundred. Those are a bit slower than you're thinking of, but they're hi quality, reliable, and quiet. I've got one at work, and another right here. The last batch I saw had P3-900's, 128mb, 20gig, CDRW, W2K.
When we need machines at work, these are what I recommend - I've yet to have one fail!
For the type usage you're describing, I simply cannot tell any difference between the 600mhz GX-110 and my decked-out Athlon 2400!!
If you've no source local, try CompGeeks.com
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