System 1 seems a lot more practical for a top-end XP rig to me - all low-power consumption parts and very good single-core performance.
As for System 2, I'd say it's matched quite badly. The HD7950 is old, power-hungry monster than can still play some recent-ish games (including Cyberpunk 2077) and output to a CRT monitor (one of the last AMD cards with RAMDACs). But the CPU is horribly underspecced for feeding that HD7950 anything intensive. So the card won't be doing much most of the time. Also, indeed the 8 GB of RAM would go to waste, since XP will probably only see about 3.5-ish GB, if even that much. A better match for that system would be a GTX 400 series card or older. If high-resolution gaming is your goal, perhaps aiming for something like GTX 460 or GTX 280 would fit that bill. (Well, not sure you'll be able to max out STALKER with any video card on this platform, as it's just a poorly optimized game, IIRC. FEAR should be a lot easier to max out. I anticipate even a GTS450 might do it.)