I'm trying to put together a cheap PC for my roommates. They each need a new one (one of them desperately), so I've been looking at options.

I want to keep it really really cheap. Like in the $300 range, which is entirely possible.

I'm thinking this mobo that Rob linked me to. Then I'm suggesting a lower end XP processor like the 1600+. That's up to about $110.
Then all I need is a cheap case/PSU, 256MB memory, and possibly a hard drive. Oh yeah, and a video card. Hmmm. I'm seeing this going over $300. but I'm sure that's fine.

Any suggestions?