I had to upgrade my server from the trusty 486 to the K6 last year just to support MD and SA. Ya, I know that's not exactly bleeding edge hardware, but the price was right (free). I'm trying to work with what I have.
I hear you. That's about the class of machine I've been running my company mail and file server on for the last 5 years (266, not 300, but 128 MB of memory, a Dell PE4200). It's done remarkably well for being a gutless wonder. I'm just about to retire it. Its replacement is a cast-off Compaq Proliant rack server.
With the dot-com implosion, a lot of defunct companies left fairly useful computers gathering dust. I have quite a few of those in my garage of about this capability. Even going concerns will pay you to take away their older machines instead of having to pay someone to recycle them. (After all, "the latest version of Windows won't run on them!")
I'm also active in online computer gaming, and gamers are frequent upgraders. Maybe you know one who's cast off an "old" Athlon motherboard because it can't play the latest game. Recycle it into an old "doorstop" case and you'll once again have a reasonable box for a low-end server.
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