ThinkPad T41 graphics acceleration advice

[chombee]

So I do game development on Ubuntu with the game engine Panda3D:

http://panda3d.org/

Nothing really fancy, fairly small and simple environments with some
actors, some fog and lighting, collision detection, simple transparency,
texturing, no shaders or anything like that. 

I saw this refurb thinkpad for a pretty good price: 
http://studentcomputers.co.uk/refurbished-laptops-uk/ibm-thinkpad-t41.htm 

and am wondering if it's likely to do well for Panda3D development on
linux/ubuntu. The spec is: 

Processor Intel Mobile Pentium M at 1.6GHz 
Memory 1GB 
Graphics 32mb RADEON 7500 

That Radeon is, I believe, not supported by ATI's proprietary linux
driver 'fglrx' which only supports more recent cards, but it does appear
to be supported by an open source ATI driver module called 'ati' or
'radeon', and is supported with full hardware acceleration. See this
page: 

https://help.ubuntu.com/community/RadeonDriver 

Any opinions? Is this likely to run Panda3D okay?

Thanks