Pontius,
The age thing ... we're in this together
I have a relatively Jurassic PII 233, 128MB, Win 98SE and IE5.5. I have an ubelievable amount of crap running all the time, so much that a little utility I have says that right now I have half a megabyte of free ram ! Also, FWIW, Resource meter says system and user resources are both 48% free and GDI resources are 63% free.
With all this baggage on board, I went to your BBC site and it loaded quickly and without error.
As a test for an overloaded computer, I loaded it five times in five separate windows simultaneously and also fully refreshed each one (CTRL refresh). No problems.
Don't know what this proves, except that it can be done and that my problems are not as bad as yours
I would go for a "save data, re-format and reload Win95" fix. Or better still, upgrade to Win98 - it's more robust and will work happily with the 64 Mb ram that you have. Better still is Win98SE - more mature again, with most of the on-line updates to Win98 incorporated.
Good luck
AA