Linux - What version works on low hardware?

What version of Linux would work on a P3 500 wth like 128mb ram?

I ran linux for years without Gnome or KDE. In fact I still do (XFCE and Fluxbox for me too). Guess what? All the major GUI apps work just fine thank-you very much.

I have a desktop in linux that does everything I do in windows, short of gaming. Nobody needs a DE, and frankly I think a lot of people would be better off without them; they're bloated hogs.