Shawn K. Quinn wrote:
Assuming you don't try to do more with it than you have CPU and RAM for, you should be fine. However, once you've tested that all your hardware works with the GENERIC kernel, I would strongly recommend you compile a custom kernel and run that (do a Web search for a Perl program called dmassage which will help immensely), but keep a copy of GENERIC around in case problems do creep in. The reason for compiling a custom kernel in this case is to save memory; I saved about 2.5M on a similar system, which is a lot when you only have 32M to begin with (with any system much newer it's usually not worth it).
If he's not using all 32mb (command-line, no X) then what's that gain?