PIII is still a competant processor. The PIII 1.4GHz Tualatin has 512k cacne and will most likely beet an XP1500+ in many benchmarks. And it's overclockable. But way overpriced.
Anyway, it has been shown that having the memory bus bandwidth higher than the CPU bus has little to no performance gain on ANY processor. The only good reason I can find to use DDR is if you wanted to get away with extreme overclocking, and could set the memory bus speed slower than the CPU bus speed. a perfect example is how some people ran the PIII 500E at 1000MHz/200MHz FSB. To do that they had to run the memory speed slower, at 3/4 the CPU bus, killing 1/4 of their performance. But if you were to use DDR memory at that slower bus speed, it would still allow you to have more than adequate bandwidth, because it's DDR.
If the board supports the 133/100/33 setting, you get the advantage mentioned above; with DDR, you can raise the CPU bus to a higher speed while maintaining supportable speed on the memory bus and have DDR compensate.
What's the frequency, Kenneth?