I've used 300-350W PSUs on my dual P2/P3 machines in the past and none had any problem. However they were all old PSUs designed for that era when a lot of load was on +5V and +3.3V. If you want a modern PSU (which are heavily geared towards +12V loads) I don't know any particular model to suggest.
The biggest dual CPU system of that era which I ran for a few years was an HP Xeon machine which came with a 350W rated PSU from factory. It had dual Xeon 450MHz 512KB CPUs and a good amount of other hardware installed, but I think it almost always ran with a Geforce2 MX which is definitely not demanding.
Later in that machine I did try a Cascades 2MB CPU (700MHz?) and a Quadro FX2000 (FX5800 equivalent) and it did work with the same factory PSU, but I didn't run it that way very long.
An Intel L440GX+ with dual Katmai P3s which I used as a server ran for years with a 300W HiPro PSU that Newegg used to sell cheap that was really an OEM type design for Gateway or something. No video card in that though.
An IBM Intellistation with dual Katmai 550MHz, full load of RAM and 2 hard drives ran for a few years on a 350W "Tiger" branded PSU, don't know the model. Low power video card though.
Unless I'm mixing up PSUs, I think my dual socket-370 P3 1GHz machine ran with a FSP300-60PFN. Most demanding video card it ran with was a 7600GS but that was short term.
I also used an FSP300-60PFN in my Asus P2B-F desktop which was single CPU, but overclocked at 133FSB, full load of 1GB RAM at PC133CL2, and a Ti4200.
Those PSUs need recapping though. All 4 of mine contained blown cheap caps inside. Good PSUs if you can address that but if you don't want to change caps then avoid them.
I think there's some good Enermax PSUs but I don't know the model numbers. I have a 460W that turned up cheap on eBay a few years ago that I'm very fond of because it was designed in the transitional era and supports high loads on any voltage rail.