Fedora 2 on IBM Thinkpad r40e 2684

[Danielb]

Has anyone here had any experience of running Fedora on an
IBM Thinkpad r40e series? I am specifically interested in
how easy it is to get Fedora running on model r40e 2684.
I'm looking to get a cheap well built laptop to run Fedora
on, to do web development(php & MySQL) and the Thinkpad
looks ideal but being a bit of a linux newbie still I want
to make sure I'll be able to get Fedora install and running
easily before I buy it...

Specs are:
Mobile Intel Celeron Processor 2.4Ghz
128MB RAM,
30GB HD, 
14.1" TFT Screen,
DVD-Rom, 
Modem, 
Ethernet

Cheers,

Daniel