I remember needing to get Windows XP under 64MB of RAM so that I could run some photo editing software. XP was relatively feature complete, I don't think Windows currently ships with 32x the features of XP (64MB vs 2048MB minimum).

Linux with a lightweight GUI for example can still run okay with just 128MB. I ran Debian with LXDE on an old IBM T22, and it worked perfectly well. Running Firefox was a problem (but did eventually work), but something more stripped down like NetSurf or Dillo is blazingly fast.

Seamonkey is still around and works nicely on low spec machines (not sure about 128Mb though) as a step up from NetSurf. You get a graphical email client and news/gopher built in. Also a rudimentary Web page editor. Printing a Web page to pdf is a rough and ready way of getting rich text onto paper. The 'legacy' version of the noscript plug-in will allow selective use of javascript (saves battery and helps with security which might be an issue).

[1] https://www.seamonkey-project.org/

[2] https://noscript.net/getit/ [scroll down to bottom, note there is no support]

More than NoScript, get Ublock Origin Legacy:

https://github.com/gorhill/uBlock-for-firefox-legacy

Also, there's a forked dillo called dillo-ng

https://github.com/w00fpack/dilloNG

with mpv support on context menu that works fine with these sites:

https://68k.news

https://simple-web.org/projects/simplytranslate.html

https://simple-web.org/ (several services without js). On the Invidious video links, simply right click the link and choose open with mpv".

Also, on Gopher (lynx it's good for this) gopher://magical.fish has a huge service list usable on text mode.

Then that's where it started to double. I was running Windows NT 3.51 running Visual C++ on 32MB.