No, I think hat one is probably too old. I've only had luck with the Dell CP Series (BIOS flash can turn a CP into a CPi wnd then you can run a PII in it.) Similar to making a Thinkpad 600E run ike a 600X.
Oh, the Armada 4100 / 4200 series are basically identical, but you're working with non-standard parts there.
Basically they only real upgrade you can do to about any notebook is swap the processor and max out the RAM. That's about it.