Dude I don't know if you're kidding or not, I think you need to step back from the idea of a usable XP environment on a 233mhz CPU and 64mb RAM. The lowest spec machine I would even attempt to run XP (without adding the service packs, mind you) on would be in the 500mhz range with 256mb RAM. And even then, only to say "Okay, it boots up". Once you start adding service packs to fix the various problems it has (like, security issues), that overhead goes way, way up. You might run XP on those specs, but you won't run any programs in XP.
A few years ago my mate installed 'XP Black Edition' on a 32MB 200MHz Dell laptop. It booted up and ran but it obviously had a bit of a tendancy to eat into its virtual memory allowance.