Pentium II? 366 Mhz? 256 Mb RAM? And I suppose that the graphics card don't has more than 64 Mb.
Forgot your idea.
I'm afraid that the OS will be use all the resources of the laptop, all the applications will run bad, and a game that need DirectX probably don't work.
You can test it with the demos, check the official 2.5D demo includes in the package and looking for the Dreamweb demo in the forum.