I didn't think you could mix the Ram, but thought I'd ask anyway.
I did believe that you could run 4 HDDs (cool).
My thought is: for the price of the mobo and cpu, I could make a significant processing upgrade, while continuing to use existing HDDs, Video card (AGP), and Memory (DDR).
Later, I could swap out the memory completely, to DDR2.
Then, replace the Video card.
And add Sata drives (making the Sata the OS & Apps and using the IDEs as backups)
And it sounds overclockable, bonus!
WinXP/98 dualboot - P4 2.4b 533FSB
Asus P4PE/L MoBo
512MB Corsair DDR PC2700
HDD1 - 160gig Seagate HDD2 - 60gig Maxtor
Antec SOHO File Server w/400 watt PSU