Here goes:
AMD has a DDR PROCESSOR bus, a.k.a "Front Side Bus" or FSB. This is the bus that goes from the processor to the northbridge of the CHIPSET. The chipset is the part on the motherboard that controls ALL devices attached to the motherboard. ALL AMD Athlon (including T-Bird and Duron) motherboards have this DDR FSB.
OK, so now you know that all these boards are running the FSB at DDR. Sometimes they refer to the actual clock rate (100 or 133), sometimes they refer to the "DDR clock equivalent", 200 or 266. It is important to remember that for the processor bus, 100 and 200 are interchangable, 133 and 266 are also interchangable.
Now on to memory. The pathway from the chipset to the memory, the memory bus, ALWAYS runs at either 100 or 133MHz. Newer chipset support DDR SDRAM. The rest support normal SDRAM. This has no affect on the processor bus, it is a separate bus. It is not connected to the processor directly, but to the chipset. As previously stated, the processor bus ALWAYS runs at DDR, but now you know that the MEMORY bus can run at either DDR or normal (SDR) rate.
DDR memory can support almost twice the bandwidth as SDR memory, but it is limmited by the chipset and the processor, it can only pass as much data as is fed to it or requested from it.
This leads to the PC133 question. PC133 has an maximum bnadwidth of 1066 MB/s. Half of PC2100. But 133 is a measurement of clock rate. Real clock rate. It is the maximum clock rate that the memory is garunteed to run at by the manufacturer. But it can also be used at slower speeds, such as 100 or even 66. If your Lamboarghini Diablo can go 204MPh, do you have to drive 204MPh?
Memory speed is set by the chipset. You can use PC133 on a PC100 motherboard or even a PC66 motherboard. It simply runs at whatever rate it is set at. It NEVER exceeds the speed it is set at. So PC133 MUST run at 100MHz if it is set at that speed.
Example: if you were in tight traffic, you would drive the same speed as everyone else. If they were driving 66km/h, you would drive 66km/h. If they were driving 100km/h, you would drive 100km/h. If they were driving 133km/h, you would drive 133km/h. It doesn't matter if your car COULD go 300km/h, if you can't pass trafic, you go the same speed as them.
Cast not thine pearls before the swine