Again, thanks everyone for the technical advice.  I've used Linux casually for the last several years and I'm comfortable with that, and if it comes to it, I may put NetBSD on here.  My thoughts though, are that if I'm going to run a non Apple OS, I might as well use x86 hardware and find a different purpose for this.

My original intention was to find the most recent version of OS X that I could get to run stably on here, then turn every service and feature off that I could and compile Apache from scratch and go to there.  The website I had in mind is going to be ridiculously simple and will be mostly a portal for my fiance's direct sales store and other social media links.  The store would not be run by me or on anything I was responsible for so no worries there.  This will mostly be a feed for sale updates and new products with an easy to remember domain name.  I can do without php and may stick with html/css stuff.

I am overall torn on the direction I want to take because I love this old hardware but I need things to be functional.  Mix that with my desire to run an Apple OS on it and as you guys with your more applicable knowledge and experience may mean I cannot do what I am wanting to with this machine.  We shall see though.