Thinkpad NAS server

Hello, I was wanting to set up a home NAS server with a Lenovo Thinkpad X40. It says the max. RAM is 1.25 DDR memory @ 266MHz. Processor is a Pentium M @ 1.4 GHz. Would these specs allow it to be fast enough as a NAS? Thanks. :)
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  1. Sure. Are you using FreeNAS or another Linux distro?
  2. Planning on using FreeNAS. And if old DDR memory is fine, I can use that as a reference point. Thanks!
  3. Good luck! How many HDDs are you going to attach to it?
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