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Leprechaun

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Is a PIII w/ 1GHz and 512MB fine for basic tasks?

I'm considering buying a cheap Dell Optiplex GX150 and am wondering whether it should be up to basic office home office tasks at the moment. The unit in question is a PIII w/ 1GHz 512MB.  

This should do fine for basic stuff (i.e., surfing & MS Word) now, right?
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PUNKY
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