I am looking to get some use out of some old hardware and I am looking for a good distro that will give me enough functionality without overloading the hardware. I plan to use a P3 733 with 128 MB RAM and a 2GB HDD. I want to use the web, edit a few docs with OO.o and maybe some online chatting. Not much more than that really but I do want fully functioning apps. I have thought about DSL but not sure if it has all the functions I want. I realize some of this will be trial and error and since I am newer to Linux I'm not sure what I can cut out when installing. Thanks in advance.

puppy, tiny linux, debian netinstall with xfce,dsl....
open office will be difficult though

And...

DSL is also very light.

Could you at least double that 128MB RAM to 256MB? You would have either, in all cases, quicker and stronger performance, or more choices for a distribution, maybe with a working OpenOffice too.

I've been weighing all my distro CDs & DVDs - they're all the same.

Xubuntu has the following Minimum System requirements:

# 300 MHz processor
# 192 MB of system memory (RAM)
# At least 1.5 GB of disk space
# VGA graphics card

Now remember these are only the bare minimum system requirements, so on that system you might be pushing it a bit but this might be an option for you.

That's very funny