Speakers - are crap - don't expect anything good from them.
Video - The built in video will suck, you will need to get an add-in card to play Morrowind.
I would bypass this system. It has an AGP slot and no PCI-e slots which will hamper you upgrading the video...although, there are still some AGP cards out there.
Also, doesn't look like it comes with an OS - important, unless you already have one or don't mind dealing in warez. And, I don't trust places that jack up the CPU speed by combining the two processors GHz together (
PENTIUM4 DUAL CORE 5.6GHZ! - now, if it said
P4 Dual Core 2.8 GHz - runs like 5.6 GHz!, that would be different).
For a budget PC you are best off looking for one with an AMD processor - more bang for the buck. I just purchased the following parts to make my own system (purchased parts from
www.newegg.com - sorry, US only

):
Video (Nvidia GeForce 8600 GT - should OverClock fairly well plus has $20 mail in rebate)
VGA MSI NX8600GT TWIN TURBO 256M RT - Retail (Qty=1, Price=$109.99)
CPU (current sweet spot for bang for buck) & Fan (quiet fan)
CPU AMD|A64 X2 4200+ AM2 2x512K % - OEM (Qty=1, Price=$62.50)
A64 COOLER |ARCTIC FREEZER 64 PRO R - Retail (Qty=1, Price=$19.99)
Memory - 4 GB (bought two different brands because each had a $20 mail in rebate

- if I have issues using them together I will just use the RAM in another system I am going to build for my girlfriend and buy more of the better of the two, after testing, for myself)
MEM 1Gx2|OCZ DII800 OCZ2VU8002GK - Retail (Qty=1, Price=$42.99)
MEM 1Gx2|TEAM TEDD2048M800HC5DC R - Retail (Qty=1, Price=$43.99)
Motherboard (built in video - also has ports for sending video to TV - has built in Nvidia GeForce 6150 - decent enough to play last gen games but not the current FPS or even Sim City Societies [stupid requirements for that game])
MB ASUS M2NPV-VM GF6150 AM2 - Retail (Qty=1, Price=$89.99)
Case (quiet)
CASE ANTEC|NSK3480 BK/SIL RT - Retail (Qty=1, Price=$89.99)
Speakers (rated excellent - I already have a 5.1 speaker setup I don't use because of the cables and I didn't want the expense of a new wireless 5.1 setup - 2.1 is good enough for me)
SPEAKER LOGITECH|X-230 BLK 2.1 % - OEM (Qty=1, Price=$38.99)
52 in 1 card reader (internal, black or white face) - or however many different types of cards it reads, kinda of need them nowadays
CARD RD ROSEWILL|RCR-103 RTL - Retail (Qty=1, Price=$11.49)
Mouse, wireless, highly rated - a splurge for me since I have 10 mice sitting around the house
MOUSE LOGITECH|MX 518 USB RETAIL - Retail (Qty=1, Price=$39.99)
The only things I didn't get are: OS and keyboard. I have a good enough keyboard, though I was tempted to get a gaming keyboard, and I will get a warez copy of Vista Ultimate to test it out before I purchase...if ever.