BIOS: Pheonix Technologies LTD, Version; ASUS M2N SLI ACPI.
If there are any questions you'd like to ask then please feel free to ask:
To finalise this question my budeget for each part will be somewhere between 60 and £100.
I realise aswell that when i upgrade to a 64 bit system i will need more RAM but i already have 8 gb's of RAM lying around if the new motherboard is the same DDR type, if not, i will purchase a different set.
I would get a new motherboard, new memory, and a new processor. It would be a Micro ATX AM3+ board (less than 100) 8 Gigs of DDR 3 RAM (either 1333Mhz or 1600Mhz) as that's only around 40 to 50 bucks, and I would get one of the variants of AMD's Phenom II x4 Black Edition Quad cores, or a 6 core (less than 100 for the quad cores). This will give you better performance, and future upgradability and compatibility. As for the 32 and 64 bit thing, that is all in the OS you just need to buy a 64 Bit copy of windows. Consequently you may need to do a fresh install to go to 64 Bit but I am not sure. If you want to keep some of the parts you have, I would just get a new processor (your motherboard is an AM2 Plus, meaning you can get SOME Am3 Phenom II processors, the quad cores only and only certain ones, and the models are on the AMD website for the motherboard under supported CPU's). That way you would just need a CPU and OS upgrade. I would strongly suggest the upgrade I mentioned before as DDR2 Ram uses more power, is slower, and less of it can be used.