Cobalt Qube 3 for a EQ server?

[Neoburn]

I have a chance to get a Cobalt Qube 3 server from our tech department at my campus and was pondering wether or not a 300mhz server will work sufficiently enough to host a eq server? Let me know what ya guys think. I myself have not experimented much with this so my knowledge is lacking in this department.

Below are the specs

COBALT QUBE 3 BUSINESS EDITION SPECIFICATIONS:
External Internet/intranet appliance, 300MHz AMD processor, 256Mb of RAM, 20Gb IDE hard disk, 10/100BaseTX Ethernet port, RJ-45 WAN port, nine-pin serial port, USB port. Web, FTP, email, file-sharing server services, integral firewall, supports CGI, Perl and PHP scripting, SMTP, POP3 and IMAP4 email protocols, NAT, DHCP, LDAP, DNS. Sun Server Web browser management interface.