Great thread. Nice to think back.
Blimey some youngsters on here - 'my first system was a P4'

hee hee
My history starts with Spectrum 48, Commodore 64, Acorn A3000 (awesome machine), but first family PC was also '93. Back then £1000 seemed to be almost a minimum spend for a PC (shudder to think what that equates to nowadays with inflation - just feel sorry for my parents!). Pentium was just out, but for that money we got a 486 DX2-66, 2MB Ram (nearly hit the G key, but no it really was
MB

), SVGA baby!, whopping 340MB HDD, 14" monitor. No sound card or optical. Not long later we 'needed' to spend about £180 on a soundblaster 16 (massive full length card) and a single or double speed CD ROM. Never understood why, but some outofdateedness on our MOBO meant digital sound effects didn't work in some games. Heartbreakingly that included Doom, so we were stuck with soundblaster FM music and PC speaker sound effects for a good few years

Still - such fond memories of Sim City 2000, Indycar Racing, Monkey Island 2, X-wing, TFX, Worms... aaaaaahhhhhhh


. Getting intimate with multiple versions of Autoexec.bat and Config.sys to free up all that lovely sub-640K base ram... booooooooooo

My own first PC was when I was at uni. Another £1000 got AMD K62 400, 64MB. Having my priorites straight, I managed to convince the shop to ditch the bundle's scanner, printer and software and give me a Voodoo 2 card instead!

Pushed that AMD all the way to 500 in my first dabble with OCing. Demolished Jedi Knight and Half life, and with UltraHLE it could juuuuust about emulate the N64 well enough to annoy my housemate who'd spend hundreds on his console (as long as I only tried to play Mario 64). Voodoo 2 soon became TNT2 Ultra for Unreal Tournament purposes, and after a good summer holiday of work before fourth year I had enough for my uber OC'd PIII 650 @ 975 build. Spent a silly proportion of student loan on a Geforce 2 GTS and was sorted for Quake III and heavily modded Counterstrike with which I prevented all my house mates from using the phone line for a whole year
That build lasted a long time until the AMD Barton 3200 and Radeon 9800 finally replaced it, and that was eventually upgraded to Athlon 64 and a Geforce 6800 GT to improve the Half Life 2 and Doom 3 experience. Still stuck with that today as I've not played much for a few years having other stuff like reno a house and get married to do, plus the Wii and PS3. But now finally looking to build a 4GHz i5 Radeon 58xx system to finish HL2 E2 and see what this Crysis thing is all about.
Good times.
Liam