AA isn't a free feature, it requires more video card memory space and bandwidth (and more GPU passes for >2xAA). Yes, your 9800P is getting a bit old to enable AA without a noticable performance hit, considering how powerful your CPU is. 2xAA *might* be OK, but 4xAA will probably really hurt your framerates in modern games like CoD2 and CSS.
That said, I find CSS playable at 1024x768 with 2xAA on my 9800P. I'm severely limited by my AXP 2400+ (usually 30-40fps average, closer to 30 in firefights), tho, so in essence 2xAA is "free" for me as my CPU is handicapping my framerates. I recently switched off AA, but I may reenable it just b/c even 2xAA at just 1024x768 on a 19" CRT makes jaggies much less noticable.