There are exceptions, but generally, a computer supply makes a lousy bench supply. If a LM317 will do what you want, it's easier to start with a small transformer and skip the computer supply altogether. You might get better advice if you stated the voltage/current ranges you need along with other specs like what kind of current limit you need, temperature stability, line/load regulation, noise you can tolerate, etc.
Computer supplies make great...computer supplies. mike