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Reply to questions:
1. What hardware do you use at the moment (processor, RAM, operating system)? _*( P4 3.2Ghz, 1 GB RAM, Win XP)*
2. What database are you running? SQL Server or Oracle? *(SQL Server)*
3. What version of P6 are you running? Is it a standalone or network installation? *(P6 Release -6 , Standalone).*
Your hardware specs are woefully slow. I would look at upgrading your machine.
Scheduling slowdowns can be caused by P6 itself and normally I look the software setup first. In your case the processor/RAM may be the bottle neck. P6 runs fine on XP and a local install running SQL should be very quick.
P6 6.0 did have some issues that would cause a schedule to lock up or take a long time to schedule. You may also look into upgrading to a newer version.
A schedule with 500 activities in a Standalone P6 installation with a SQL Server database should run pretty fast. However, your computer appears quite out-dated. Try upgrading the RAM to 2 GB or 3 GB if possible.
Some more questions I have for you....how many projects are there in the database? Also, when you open the schedule, does it take a long time?
Hope this helps!