Since the mobo supports 200fsb, it should do fine - in fact, it may let you oc it to 230fsb without ocing the ram. (PC3700 is ddr460).
Should let you oc as far as the cpu will... and possibly further if you loosen the RAM timings a bit.
Since your 2800+ is a 12.5 or 13 multiplier depending on core, (unless you have the mobile version), upping the fsb to 200 will mean you're running it at 2.5 or 2.6ghz. Kindof doubt you'll get it to 230fsb (2.9ghz) - at least on air cooling.
If 2.5/2.6 is fast enough, you can possibly get PC3200 ram and save a few bucks.
(Edited to fix multiplier errors - there's 2 cores that have a 2800+ offering)
<P ID="edit"><FONT SIZE=-1><EM>Edited by fishmahn on 11/04/04 12:31 PM.</EM></FONT></P>
It's CAS 3 timing. If you can find CAS 2.5 timed RAM for a good price, get that. However, you may be able to run the memory at 2.5 or faster anyways because you won't be running it at PC3200 speed - more like PC2850. But it'll work, and work just fine.