i had the MSI 266 TD-LR and it was okay...i think i used onboard raid on that board...and the machine would crash and i would have to reinstall windows...other than that, the board was good to 150mhz fsb...and not stable with hard drives above that...
i used 1.4ghz p3-s chips and pin modded the sockets for 1.65v...got them to 1580mhz stable (the chips could do 1690mhz, but the pci devices weren't stable)
even though it used DDR, it couldn't take advantage of the extra bandwidth, in reality it was only 5-10% more than SDRAM
the cost of this setup off of ebay is $250-350 for chips (1.26-1.4ghz) and $50-100? for a board...$300-450 total
the cost of dual 1.6ghz LV xeon system, that o/c to 3ghz+ is about $110 for chips and $150-250 for the board...$260-360 total
the performance difference, provided you have DDR ram for both setups is quite striking...the dual xeon will be quite a bit faster in many things and at least a decent amount faster in FPU intensive tasks