Join Date: Apr 2006
Posts: 20,187
That CPU was about as low-end as it got, and that was when it was current back in late '07. It was a $70-$80 or so part you put in budget systems. It's not nearly what you're looking for.
The other issue is the 250w power supply. Forget it, especially if you're dropping in a decent video card.
They might not have been ripping you off or anything, if the price was right someone could get by with this, but it's not for you.