THE TRUTH
********************************************
taken from unofficial FAQ
********************************************
http://cleaned.beyondunreal.com/UT2FAQ/UT2FAQ.htm
********************************************
Will UT2003 require a hardware T&L video card?
It is not strictly required, but strongly recommended.
The owners of video cards without hardware transform & lighting chip (such as Kyro2, Voodoo, TNT, …) will be glad to hear that UT2003 will run on such cards. However, no promises are made regarding the performance. If your video card does not have H-T&L, then your CPU has to be considerably faster than the min requirements to compensate for the additional load.
http://actionvault.ign.com/features/specials/ut2003gdc.shtml
At the other end of the spectrum, James indicated the game should run on a TNT2-class system, albeit with all the bells and whistles turned down or off.
However, Voodoo3 cards or lower are explicitely not supported!
http://cleaned.beyondunreal.com/UT2FAQ/xgr_irc.htm
MarkRein[Epic]: Tim Sweeney says NO Voodoo3 support at all. The new engine is 32bit only and requires stencil buffering (two features Voodoo3 doesn't have) so the minimum card would be a TNT2. Sorry for you Voodoo3 users. Voodoo3 was a great card for us in the past but technology marches on.
-end-
if the leaked demo won't run with a voodoo 3, wat makes u think the retail version will... that's why i'm getting a gf3 ti200