I reccomend the PicassoIV (maybe I'm biased as I've had one since '96), plus you have the options of the add on cards (16 bit sound, genlock, tv) that won't take up more slots.
a P-IV will give you 320x240 upto 1600x1200, although 1600x1200 is 8 bit only, but all others are 8/16/24 bit...
the P-IV is quite happy running on an '040 system, I've never used it on less.
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