If it is like my 240 which is a P2 with the same graphics card, it works by flipping. I tried all sorts with it and it worked great with .84.
Yours is a 240x which is hopefully the same, and IMO is a cracking little machine for projects as the size is perfect.
So ok, are you going to make a cocktail or a laptail version?
I'm real interested if it is going to be a laptail.

Edit:
I use this site to help me with specifics of Thinkpads:
www.tummy.com/Community/Articles/thinkpad240x/index.htmlCheck on the IBM/Lenovo site and look for the 240(x) maintence guide. Its a PDF that helps you take apart the laptop, but please take my advice and leave the CPU and Keyboard plastics alone. Its not worth the effort to make the footprint smaller, just reverse the screen and find a long display cable as there are two sizes.
PM me if you want to know where to buy the caddy for the hard drive as I now of two sites in the UK.
Have fun!