Sure you can add the 128MB ram as you want provided you have a dimm slot empty also about the hdd you can add an aditional hdd to go upto 80G the present hdd cannot be upgraded(unless you sell this and buy a new one) you can get a new 40G or a new 80G HDD (better sol) The board supports the HDD I too have a p3 system using a similar hdd
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