Hi everyone!

Im new member to the forums, but I have been reading them for a while now. Im planning to build a MAME cocktail cabinet with my old computer running MAMEUIFX32 0.132 with MALA front end. My old computer has:
AMD Athlon xp 1600+ 1.39 GHz
1.00 GB of Ram
I'm not sure what the video card is, its nothing special though and its not the on-board one.
Not sure about the Power supply either
New 300 GB HD
So Ive been setting up my front end and i was going through all my games and realized that a lot of them lag, both video and audio. Games such as mortal kombat, primal rage, actually a lot of midway games, Gauntlet Legends, etc... So here are my questions:
1) What is causing this? Is it my version of MAME or Roms? My screen resolution? Or do i simply not have enough horsepower under the hood?
2) Are there any ways to fix this?
Any help or guidance would be greatly appreciated! Thanks in advance!