There are a number of good suggestions here, Kirin, leading with disabling Vsync and making sure the systray is clean. At work I run a PIII/450 with an STB V4400 TNT 16MB PCI TNT card, and I get frame in the 40s to upper 50s. BTW, I'm using the 0.48 reference drivers at the suggestion of BBGun, who knows a great deal about these things, from AGW HW/SW forum.
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Flathat
'Black Dahlia'
No10 RNAS "The Black Flight"
Angel on your wing, devil on your tail