Smokeball: So long as you use an operating system that supports SMP, you'll be fine. Yes, Win2K Pro is SMP capable. I'm replying to this thread on an SMP box (Abit BP6 w/2x533) running Win2K Pro. It's crunching along at 3.00 Mkeys/s in RC5. I think the SETI client takes advantage of SMP and is multi threaded. Haven't played with SETI yet, just RC5.
As far as a board goes, consider the Abit VP6, ECS D6VAA-R Dual, Gigabyte GA-6VXDC7 and others in the $100 - $140 range.
Take a look over on
2cpu.com at some of their reviews.
I too, am putting together a dual 1 GHz box. But it's with an Asus P3C-D (not recommended because it uses RDRAM). Have zero cost into the board, so it's no big deal for me.