Re: Noob question. 12.04 alongside Xp Ok?
Yes, the option to automatically install alongside Windows should work fine. The "Something Else" option would give you some more advanced options, like setting up extra partitions for certain parts of your Ubuntu system, but for what you want, none of that is really necessary.
And as jerrys pointed out, the specs you gave are rock-bottom for Ubuntu. If I were you, I'd create a Live CD of Xubuntu and test it out, as well, before installing one or the other.
Lubuntu is even more lightweight than Xubuntu, but you probably won't need to go that far (although for the price of a CD and a little time, you could test it out, too).
Both Xubuntu and Lubuntu are official derivitaves of Ubuntu. They're the same base (under-the-hood) system with different Desktop Environments and default Applications installed. In any one of them, the DEs and Applications of the others can be installed and used.
Jane, stop this crazy thing!
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