You really want to run dual channel and especially since it is likely you will need to use the 3:2 ratio if you use the 2.4ghz....
It is highly likely you will get to 3.0ghz or 250fsb and with a 5:4 you wil need to run 200fsb or 400ddr...If you can pull that off it is likely you will need cas 2.5 settings or higher....NOw running 3:2 in dual channel is not all bad (I am at 292fsb) and especially if that affords you to run cas 2,2,2,6 timings at 250fsb cpu for a 333ddr or perfect match....
333ddr (3:2 at 250fsb) cas 2,2,2,6 may suck in BS sandra scores but versus 400ddr (5:4 at 250fsb) cas 2.5,3,3,8 it may only be 3-5% less.....
If using the 3:2 lets you get higher fsb say to 266fsb for 354ddr cas2 you would blow away the 400ddr at 250fsb.....Speed counts for much more in the P4 world then memory speed...The only time I see big drop in line with BS sandra mem scores is that other shite program 3dmock....Real world not much of an effect...
You may go ahead and try the pc2700 but trust me tou want to run a P4c system dual channel....