AFAIK, that system is way below minimum, and after you get the drive and disk talking to each other, the game cannot run anyway.
What are the Fallout 3 (PC) system requirements?
Minimum System Requirements:
* Windows XP/Vista
* 1GB System RAM (XP)/ 2GB System RAM (Vista)
* 2.4 Ghz Intel Pentium 4 or equivalent processor
* Direct X 9.0c compliant video card with 256MB RAM
(NVIDIA 6800 "GS" or better/ ATI X850 or better)
{Added my note here, the X800 Pro & up also, and
avoid the Geforce 6800 SE, and 6800 XT}
* 4.6 GBs of free hard drive space
Recommended System Requirements:
* Windows XP/Vista
* Intel Core 2 Duo processor (or the equivalent AMD Phenom)
* 2 GB System RAM
* Direct X 9.0c compliant video card with 512MB RAM
(NVIDIA 8800 series, ATI 3800 series)
* 4.6 GBs of free hard drive space