As The Geek said, yes it'll run, but WHY, oh WHY would you even try that? 64 Meg Ram on 2k Adv. will run so poorly, it's not even a good test environment. You will only be able to run the base OS, and not much more than that without slowing down to 486/66 type speed. I wish you luck, as I fear the frustration you will probably encounter. If you run into problems, let me know, and I'll see if I can help.
Good Luck,
SteelDragon