Looking for a desktop replacement, how will this one fare?

I think I settled on the one I am looking for...
My price range is probably no more than 1300-1500.
http://www.amazon.com/Toshiba-X875-Q7190-17-3-Inch-Diamond-Textured-Aluminum/dp/B00AY1FGYK /ref=sr_1_1?s=pc&ie=UTF8&qid=1368339116&sr=1-1&keywords=Toshiba+Qosmio
Toshiba X875-Q7190
How will this stand up to some moderate to heavy editing? I am new to the video editing world, coming from music production. I would mostly like to make simple youtube videos for man on the street stuff and work my way up to documentaries and the like, maybe around 45 mins in length or so with lots of graphics and stock footage. Will this be a good bargain for what I am looking for? I would rather it be overkill than get invested in the process of editing only to find out my computer cant cut it...
Thanks a lot you guys I am always learning more when I come here!

BTW...this is something I did recently which got me on this kick. I did it on my brothers Dell. I think it was a 17R if im not mistaken. It took it pretty well and rendering was about 2 hours for this 22min clip which is longer than I would have liked. But I didnt do any color correction or get to heavy into it, I was just learning the lay of the land for Pp.
I will mainly be using AVCHD full 1080p from my Canon Vixia M500 and 1080p from my GoPro Hero 3 Black if that makes any difference...Thanks!
heres the clip.
http://www.youtube.com/watch?feature=player_embedded&v=aOcBxMftY9U

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