Yes. I am currently updating an Acer Aspire L310 (lunchbox format) desktop.
Many of the drivers are contained on the XP installation disk and will automatically be installed when you install XP.
Assuming your L310 has the same hardware (may not), you can use the following Hardware detail to locate the drivers by typing in the hardware model into a search engine like Bing.
NIC - Marvell Yukon 88e8056 PCI-e GB; this driver can be downloaded from www.cnet.com
. On this website, just type in the model info and it will direct you to the driver download.
Wireless NIC - Broadcom 802.11g; download from www.cnet.com
Display/motherboard chipset - Once you have installed XP and the NIC driver, go to www.intel.com
and click on the "downloads/support" option. The website provides an autodetect utility that will identify your hardware and provide updated drivers.
Audio - go to Realtek website and select "downloads". Download/install the high definition audio driver for XP.
Once you are up and running with XP, run the Microsoft Windows Update utility and it will find updates for many of the essential drivers.
...hope this info helps