01-04-2011
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I tried to install Linux onto an old 486sx box. Needed as much memory as possible, so I upgraded it to 20M (the max) and had to purchase EXPENSIVE cache chips as well.
$800 later (yes.... $800!!!!).... I had a machine that was slow and practically worthless.
Remember that the REASON why Linux (and even Unix) became doable was when Windows 95 came on the scene and we started seeing machines with 8M of memory. So... not saying you can't use an old machine... just don't go REALLY old.
Also, as others pointed out you pretty much have to match the machine/architecture for the "vintage" Unix. Sometimes it has to be a VERY precise match. Old version of SCO Unixware for example only worked on VERY specific pieces of hardware.
In general... IMHO... it's not worth the effort. Now... if you want to take an old machine and experiment with writing your own OS from scratch... knock yourself out... it can be great fun.
Oh... and lastly... people are THROWING away good old equipment that is actually useful... so I wouldn't pay anything for old hardware. For example, you should be able to snag a Pentium III host for nothing. And some of the servers there had at 2G or more of memory even. I wouldn't pay more than $50 USD for a Pentium IV based system (and those are also getting thrown out for free everywhere).
If you're in the Dallas area... I'll give you a 2cpu Opteron 246 workstation with 4G. That's a VERY powerful host. I'll even throw in 2 10K rpm SCSI drives. You can pick up the same for $100-200 easily on ebay.
Also.. (back on topic)... remember that 80's Unix (real Unix, be it BSD or SysV) was tty focused and NOT network focused. So ethernet controllers, esp, before 1985, if present, were often times AUI or 10Base2 (token ring at 4mbit was probably more popular). A lot of the parts on equipment that old, e.g. the disks, are likely to be in very bad shape.