I do EVERYTHING (work and home) on a 233 Mhz laptop running Win98. BUT I have a cable modem and a leased server, and that's where I do my perl development - which (unless I'm writing a HUGE file, which might be a clue I was not re-factoring enough) works out about the same as having whatever mongo super-computer my server-provider has, on my desk.
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George Sherston