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Check out an eMac. Yes, gasp, he said it, the M word. It'll piss pound any Celeron machine in any of the things you suggested using it for and it is not really that much more expensive. Plus the Apple CRT's are absolutely fucking beautiful.
Anything with Celeron's in it are not worth the PCB's used in making them. They may be advertised as 2.5 GHz, but the performance is more in line with an 800 to 900 MHz P3. Great for web surfing, e-mail, and Word Processing. But if you throw DVD burning in there, you will need either a lot of time or more power.
As for the original question, e-machine versus compaq, I cannot compare as I have never used an e-machine. The one compaq I used was a first revision P4, That was honestly the only generation of compaq that was good.
Dell usually has good bargains and it is worth checking it out. Dell is probably the best mass manufacturer of computers out there right now (Home PC market only...well their network and servers are also beyond top notch, but that's neither here nor there).
Cliff Notes:
Look into eMac
Look into Dell
Celeron not good for DVD burning
e-machines > compaq
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