This information is available on the Windows Vista System Requirements page from Microsoft:
A Windows Aero-capable graphics card is a graphics card that meets the following requirements:
- Supports a Windows Display Driver
Model (WDDM) driver
- Has a DirectX 9-class graphics
processor unit (GPU) that supports
Pixel Shader 2.0
- Supports 32 bits per pixel
- Passes the Windows Aero acceptance
test in the Windows Driver Kit (WDK)
Essentially, any GPU with DX9 and a driver that supports Aero will be capable of running all of the accelerated graphics features like window transparency, taskbar previews, etc. I have successfully run Windows Aero on an Nvidia FX5200, which you asked about in your post.