Hello, my first post, and I'm not an old hippy.    
   
    I have built my own pc since 1999.
 No books. word of mouth. internat chatrooms hacking me to heck and back... trial and error the greatest teacher.
 
  I killed the athlon 900, but felt great to realize I oc'd past the mythical 1ghz. It died within 20 minutes, but hey. The GLORY.
 
  Anyway. I am an intel fan, and do not know if I am behind or finally built a pc that went right down the middle of hype to sustain a few more starts and be up to date.
 
  I am running a p4 2.8e on an msi platinum (my profile has my specs listed)
 
  I recently took a dive into video, and it seems kinda slow. Given my origins of the pc, I could care less...but I cannot determine if I am missing something important.
 
 I am not a fan of SATA. Do not mention it as something missing. My board can handle it..and never got it.
western digital EIDE at 7200rpm is still my all time favorite with some antec cobra cables GROUNDED.
 
 dual channel, very nice. That has been acheived unintentional since my 233, but glad it has a name now.
 
 I despise vid cards WITH A FAN (even if it means saying no to HD and latest gaming) My 9550 SE radeon by msi
 is my luckiest ever.
 
  The point I am getting to is about 64bit form 32, mpeg2 encoding (vid is 9542 k/bit and very resource hungry even for my p4) and what common pc (not extreme here) should I grow into.
 I have ruled out 64bit, there is 32bit still not even using multithreading. When mainstream finally catches up to my thought that it did, THEN I may evolve to 64bit...for now I am content..but am uncertain if I am getting lazy to evolution. any mature advice for the "pc school" drop out that built his own independently?  
 
I registered here some years ago with a p2 350, and well, that seems ancient. Can't even remember my username..I do recall around 2000(?) when I had that pc coming here..(at least that is what I remember).

Really, just about any new procs (even clocked at slower speeds) are going to blow that P4 out of the water in terms of performance. I'd recommend looking at the Core2Duo line-up. (For video editing / encoding,  I really think you'd like a Q6600)
 
Even if you had to build a new system, I think you could build something pretty fast for under $600 (minus OS and Monitor)

No offense, you say you don't like sata, you are eventually probably going to be forced into sata drives.  I read recently that they are going to stop making the IDE hard drives.  Honestly, I made the switch from IDE to sata, it's night and day man.  It's a lot lot faster than what I had, and load times are quicker, boot times as well, great improvement.  As well as the fact Vista had native support for sata.  I went to install vista on my new sata drive, the OS picked it up, partitioned it, formatted it, and installed the OS within about 20 minutes.  
 
Even if that is enough, a lot of boards are only giving you 1 IDE channel, which if you know anything about performance issues, having your hard drive and dvd/cd drive chained on the same bus is not the greatest idea.  
 
32 bit OS, I run Vista 32 bit, so it's out there, when 64 bit goes more mainstream and there's better support, I may go that way with the next OS.  As far as video card without fan, they're out there, just do your research.  But like my system is pretty quiet, no complaints.  That's with 2 case fans, fan on cpu, psu, and video card.  

Your current rig is a Yugo.  The P4 was made obsolete back in 04' with the release of dual-core processors.

And your Sata phobia....are you on crack?

Since you still have an old P4, I'm going to assume you're a cheap skate, so here is what you should buy for the best bang for the buck:

$65 - Intel e2160 (Core 2, overclock it to 3.0ghz easy)
$70-90 - P35 motherboard
$25-35 - 2x1gb DDR2-800 ram
$30 - DVD/CD burner
$30 - basic PCI-e vid card (8400gs/2400pro)
$30 - Antec PSU
$30 - basic case with 120mm rear fan
$120 - 2 x 250gb SATA hard disks (2 disks make video editing/conversions quicker and put way less/wear compared to reading and writing to the same drive)

You blew my mind when you said you're not a fan of SATA. Your reasons seem very empirical...
 
Noya is on the right track.  
 
It really is this easy....
 
http://www.newegg.com/product/prod [...] 6811129024
http://www.newegg.com/product/prod [...] 6813128059
http://www.newegg.com/product/prod [...] 6814125083
http://www.newegg.com/product/prod [...] 6819116036
http://www.newegg.com/Product/Prod [...] 6820211066
http://www.newegg.com/Product/Prod [...] 6822148262
http://www.newegg.com/product/prod [...] 6827151153
 
Change, whatever.

hey thanks for replies. seem honest enough.
   I am going on my third year with my current setup..and back when built, by no means cheapskate. In fact I am going to keep the 6728 mobo forever (may never use again, but hey. I never see a true integrity like I got this time with the msi 6728 platinum)
 
  so going intel core duo, the sata is good.Vid cards with no fan still exist (will research further- can't seem to find any. I really wanted the new pciXpress for the vid and no fan)
  Ide mismatching is indeed terrible for atapi, and hdd together. Never forgot that one...
 
  I plan to keep my 2600amb builders box by antec, and want the small smart quiet power...but the reporting probably isn't in use anymore is it? (the oem 300w single fan antec, if anyone knows it, with the reporting wires to accept throttling)
 
 Thanks again. Guess I look at lower end and remain 32bit for a summer build. that still only gave me 2.5 years or so with my current build, but hey. got to keep up . Used to be much much worse and THOUSANDS of dollars.
 
also found a crossover for my thermaltake xp90 to go with the new pin cpu. Greatest heatsink ever. never sang, loved reverse cooliong, the duct work and very slow running 80mm fan keeping it calm. I guess I do not have to do too much this time.

Like here is one example of fanless I think...
 
http://www.newegg.com/Product/Prod [...] 6814127287
 
Not gonna be the greatest card, but not the worst either.  I think this month actually, nvidia is releasing a new line of cards which are supposed to be quite a jump in performance.  So you might hold out, if nothing else, get a last gen card for less maybe....

Btw, you will probably want a bigger PSU if all your running is 300 watts.  PSU's can get expensive though, but there are some deals out there.  

The video card I posted is fanless. Other options from Asus, etc exist as well.