The Compaq diagnostics gave the memory a clean bill of health.
I have two 1GB sticks and I ran that one in one slot, then in the other and than did the same with the second stick. It made no difference to the eventual BSOD.
I have to see if I can borrow some from someone for testing as I did not really want to spend more on this machine, hoping for the USB 3.0 mother boards to hit the majors.