Hey BIGBOY with my knowledge of computers and seeing your spec, I would say you need more memory. bring it up from 248 to at least 512. 1 gig is now day the standard for running OS or your system wont be able to run any applications efficiently. It will work but because of the low memory it cannot allocate enough memory to keep your application running smoothly. Virtual memory - Here you may find a solution for your virtual memory question. Hope you fix your system.
How to Fix Windows Virtual Memory Minimum Too Low Error - http://www.errorsfixer.org/