Advice on hardware choices for PS and other CS software

My G4 is on it's death bed. I have an opportunity to begin doing some ad design along wih the other graphics and 3D work I do and need to get not only a new computer but move up from Photoshop 7 and add Illustrator and Acrobat. If money were no object this would be a moot question and I would get a Mac Pro. But having to get both a computer and costly software at the same time makes money an object. Basically I would like to know if any PS users are running the software on an Intel iMac and if so are they satisfied with the performance? And if so, what configuration are you running? I have never been a big fan of the all-in-one concept but my bias may be unfounded.
Thanks for any suggestions.
Jim

OK, I placed my G4 Mac on its deathbed by installing Apple's OS X 10.5 (Leopard) It was a G4-400 (Sawtooth) with a 1GHz processor upgrade and 1.5G of system RAM. A very good, solid computer that lasted a long time (about 10 years).
I replaced it with the Mother of all Macintosh computers: A Mac Pro running 2 x 2.93 GHz Quad-Core Intel Xeon processors with 8GB of installed RAM and a 1T boot drive (with a 1.5T drive I purchased aftermarket for Time Machine). I am running Adobe's CS3 applications, which are Universal applications and they do run just fine on it.
My Mac Pro was a $6,000 piece of hardware. And that is a lot of money.
You don't need a Mac Pro to run Adobe's Creative Suite unless you are doing a lot of work with After Effects in high definition. And Apple has just released an alternative to the Mac Pro that is very affordable and may be just what you need.
The 27-inch Quad-Core iMac has a wonderful monitor and enough processor to run two or three Adobe applications at once (which is what I tend to do constantly). It is expandable from its standard 4 GB of system RAM to 16, which is certainly enough to allow Photoshop to work on billboard-sized projects as well as do good long RAM previews with After Effects. It comes with a 1T SATA drive and you can choose to install a 2T drive if you wish, though you'll want an external Firewire drive or array for Time Machine, as well as a scratch disk. I do recommend that you choose the faster processor option, which is $200.00, but the stock price of the Quad-Core iMac is just under $2,000.
And your G4 can do fileserver work in the corner.

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