It was the worst of times. You needed at least 50 Mhz to play MP3-files. Only rich people could afford that. And couple of years later you wanted to play DIVX-files and you needed 300 Mhz.
My recollection doesn't agree with you. It was a stretch for a 300 MHz Celeron to play an MP2 (not even MP3) - I was an early adopter as I hated all the analog degrading.