why would you think it would run better if you don't even know if is it possible to install it in the first place? 🤔

i like linux but this sounds as nightmarish as rewriting everything, because thats probably what you'd need to do to make it work.

and by that point you can upgrade the hardware.

This, I had multiple old machines with these kinds of specs, I put Slackware on them, dropped in an ethernet card (or two), and used them for all sorts of things, iptables firewall/router, email server, network storage, irc server, etc. It breathed new life into seriously outdated hardware.