Should I Bother Buying New iMac, Final Cut?

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I currently own a seven-year-old G5 running 10.4.11. I'm using FCS and have been trying to upgrade to FCS2 since buying it several months ago, but it won't recognize the serial number from FCS, but that's not my problem/question.
I desperately need to buy a new(er) computer because I'm maxed out at 4GB of RAM, which just isn't cutting it any more. I've also begun shooting HD with a Panasonic HPX170. The camera creates MXF files that FCS is not able to import. I want to keep using Final Cut because I prefer it to Premiere Pro, but the news I've been reading about FCX is not encouraging.
If I buy the newest Studio version (prior to X), will it work on a new iMac? I just can't afford a Mac Pro right now, and I've heard the new iMacs scream, but it won't do me any good if I can't run Final Cut Pro on it, and I really don't want to use Premiere.
I also publish several magazines and use Adobe CS3 and 4, but those are less of a concern right now.
Any suggestions?
Thanks,
Lloyd

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>I've also begun shooting HD with a Panasonic HPX170. The camera creates MXF files that FCS is not able to import.
FCP 5.0.4, FCP 5.1 and up can import footage from that camera.  If you are running FCS, that means FCP 5.1.  The option for that is FILE>IMPORT>PANASONIC P2.  I have a workflow here:
http://library.creativecow.net/articles/ross_shane/p2_workflow.php
FCP 5.1 TOTALLY supports that format.
>If I buy the newest Studio version (prior to X), will it work on a new iMac?
FCS 2009...or FCS 3...totally.  Absolutely.  If you can find it. Apple pulled it, then re-released it if you called them direct.  But who knows if that is still happening.  The new iMac will run FCS 2, if you install Rosetta on it from a previous OS installer (custom install Rosetta). 

November 30, -0001

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