You could install the debian etch mipsel package that contains flush (console-tools pkg maybe?). Otherwise just respect the limitations of the machine. A swapfile works wonders, but firefox/bonecho and pidgin are resource hogs. Dont browse graphic intensive websites or at the very least shut images off in prefs and dont use more than 3 tabs. I've never had the machine just lock up with normal usage (only experimenting with extra packages), though i don't use the defaultOS either. Shouldn't really matter which OS you are running though. Just accept the fact the machine only has 128mb ram and a 335mhz cpu. It cant really handle too many applications running at once very well. I tend to stick with console applications more than the GUI counterparts as they use less resources to run giving the ability to run more apps smoothly. Elinks is a great text browser, centerim is a nice messenger, etc etc.
Cheers.