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I have been running a dual PIII 1.1GHz setup for a while now. It was state-of-the-art when I got it, but now its beginning to age with 2.2GHz out there.
The motherboard with two CPUs cost me £350. Around $500, which isnt bad. RAM was really cheap at the time so I got 1.5GB, of which I use 200MB as a large ramdrive for fast temp storage when I need it. Even compared to todays latest and greatest 2.2GHz proccessors, the system appears to run very smoothly.
I also rip a lot of DVDs mainly to DivX, recently I got a DVD-R drive too. A dual proccessor setup, although it doesnt always translate to a 2x increase in performance can help. Multitasking is much smoother. If you are running one CPU-intensive program, it doesnt help that much unless the program is designed to make full use of SMP/dual proccessors. Most video encoding utils like FlaskMPEG can do this w/o problems....
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