Any socket 939 is going to give you a good machine for the price right now. If you can get together something with an Athlon 64 3700 and at least 512 M of dual channel RAM (preferably 2x512 for 1G) you have a good base for a system. Avoid on-board graphics if possible.
A lot of people have played with less, but there is a sweet spot in the performance/price ratio that should be considered.
A lot of people have played with less, but there is a sweet spot in the performance/price ratio that should be considered.