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I have nearly two decades of experience in IT, computer repair, and related fields and will attempt to provide the most solid, brand-agnostic advice when it comes time to purchase a new computer, or upgrade an existing machine. I can answer anything from the seemingly basic to the downright complicated - and will do my best to provide this information in a clear and concise manner.
I have been an enthusiast of PC's for many years, and can answer questions about the purchase/use of a new computer or the purchase, installation, and use of upgrades for existing computers. There probably isn't a whole lot related to the home computer that I haven't seen over the years.
15+ years of experience
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It's hard to say without knowing more about your system - given the age I'm guessing finding modules will be somewhat challenging, and I will guarantee you that 3GB is impossible (it likely uses SDRAM
Overall you can get what you want for the price you want, shouldn't be overly complicated. The only problem I'd forsee is the price of Office 2010 itself; the full version can run you $300. Look at OpenOffice
Without install discs, you likely cannot do any sort of troubleshooting. My initial suggestion in this situation would be to try a repair installation of the operating system, and if that fails, reformat
The performance limitations you're describing are not relative to hardware; they're a function of your connection to the Internet and that speed. Without a quality ISP, you can have the best hardware possible
I'm going to assume you meant "8 GB of RAM" (8MB was top of the line in the 1980s). I'm very skeptical of this requirement for modern systems (for various technical reasons, 8GB of memory makes no sense

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