It is probably a bit better but again, not fast enough for max settings for 2002.
A straight forward, cheap way to play games up to 2002 at max settings would go up a socket to 939/AM2 or 775. Literally any Athlon or Pentium/Core2 CPU will work fine and literally any PCI-E graphics card will be fine. DDR2 RAM is as cheap as it's going to get too - 1 or 2GB will be fine.
If it's the period hardware that interests you you'll either have to accept reduced frame rates or settings, or spend more money on a higher clocked Pentium 4 or Athlon 64, 1 or 2 GB of RAM and a Nviaid 4200ti or FX 5700 or 6600. Or from ATI something like an 9600 kind of area.