Before i answer your question let me just say that you SHOULD NOT get the pentium 4 3.06ghz cpu as it runs a 533mhz fsb. If you want a processor in the same price range get the <b>3.0C</b> cpu. This uses an 800mhz fsb...
On to the question... anyone who tells you for any aplication other than overclocking you need to get uber high end memory is stupid or working for corsair... It is a common misconception that low latencies make for much better system performance, really latency makes maybe a 1-5% diffrence, something that only benchmarks <i>may</i> be able to see. Anyhow, cas 2.5 memory should do well.
BTW dual channel kits are a waste of money IMO... if its more than just buying 2 value select modules then dont bother.
If it isn't a P6 then it isn't a procesor
110% BX fanboy
If you want garunteed trouble-free PC3200, use Crucial.
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