If you choose to use your old stick of PC2100 (266) mixed with either a stick of PC2700 or PC3200 (333/400) the most likely outcome is that the PC will only boot at the slowest memory speed which is 266, what this means is your new processors front side bus will be running at 266 and not 333, effectively "underclocking" the CPU.
So instead of correct actual speed showing 2.08ghz it will be running slower around 1.66ghz
Ditch the PC2100 (266) sell it on, and go for either PC2700 or PC3200 (if there isn't much price differance go with the PC3200) make sure it's branded, crucial, Kingston, Corsair etc the faster memory will just run at the slower speed for now but gives you more possibilities in the future.
Martin
Replying helps further our knowledge, without comment leaves us wondering.