Yep try /usr/src, but the sources won't actually be there -- just the .tar.bz2 file. You'll need to extract it with something like
tar xfjv kernel-source-2.4.24.tar.bz2
And then it should make a directory /usr/src/kernel-source-2.4.24 or something similar. Usually I just proceed to rename it to /usr/src/2.4.24 for easyness