Yes it would work, the transfer rate of the RAM being triple channel will transfer at that rate.
PAE allows access XP can use up to 64Gb of RAM.
It will not present 64Gb of RAM to the user in the system properties page, it will show maybe 3.25Gb, and that is what each application has access to, it can however apply that 3.25Gb to each application that makes a call until the whole 64Gb is used.
PAE doesnt work how people think it does. A 64bit OS presents 64Gb because that is what each application has access to, but XP presents 4Gb per application many times until the amount is used.
That changed in later versions, so after XP SP1, as Microsoft limited it to 4Gb but that is the potential of PAE.