Smidgie,
Hey I'm no expert but I'll pass along something I heard through a friend on the internet that turned out to help me out.
He said that a friend of his that worked for intel had a chance to preview ME and 2000 before it went on the market and claimed that both versions were tremendous resource hogs and required 256M of RAM to operate smootly.
I was having quirky problems with my system, 700hz, 128M, ME and N-track. After hearing this story I added another 128M and my system has settled down quite a bit.
I would be carefull of some of the optimization schemes that are out there. They may help if you're way short on RAM but otherwise I don't know.
Rusty K