How much power?

Newbie Question
I have laptop is a pentium 75 Mhz with 32 MB ram, what sort of
applications can I run... Mail, Internet (assuming no flash or other
crap), simple text editing?

Am a I nuts? Don't answer that.
I have been looking at the system requirments for some fairly normal
software (OO, mozilla) and these things eat a ton of ram and Mhz's? I
had a 486 that I remember runing symilar applications on so what the
changed?
It gets me that many applications don't even have their sys req
prominant on their websites...
THX