The minimum installation of Delphi takes about 30Mb, and the full install takes 80Mb. In order to run it well, you'll need a 486 with a minimum of 8Mb of RAM, though I personally wouldn't try to run it in less than about 12Mb. I use a 486DX2/66 at home and a Pentium-90 at work, and to be honest, there's not much difference between them - Delphi's compilers are so fast that the CPU is really not a bottleneck.