Wondering if my Intel i3 9100 is good enough for BIAB 2023 UltraPAK?

I want to upgrade from my 2022 MegaPAK version, which works fine on the i3 9100.

Would this be a go or no-go for the 2023 UltraPAK?

Also, would the UltraPAK external HD work with USB 2.0?