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If you can stretch your budget a P4 with HT will give better results when working with CAD also a 800mhz fsb would be better as would 1gb of ram.
I hate to say it but the graphics card is kind of low end too, I guess your budget will dictate what you purchase.
The P4P800 is a good rock solid board.
All in all the setup you describe will run what you wish to run, but it will be a little slow in intense programmes.
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