Do I need firewall/antivirus/spyware programs on a mac?

I hope this is in the right place.
Can anyone tell me if it is necessary to have any sort of anti-virus software, spyware software and/or extra firewall installed on a mac, and if so, which ones?
I've been trying to research the matter and I keep coming up with the polarised answers of: Macs can't be hacked or broken in to and not to worry about it because the inbuilt Leopard firewall is protection enough and extra software will just unnecessarily slow down the performance of the mac... or... yes get an extra firewall because "only the paranoid survive".
I've recently converted to macs after many years of Windows nonsense but I'm too afraid to start doing Internet Banking, online shopping and anything concerning identity information, even down to the files on my computer of which are private and confidential - I'm yet to put anything on here that is worth stealing or private because of this.
Under the Security pane of System Preferences, in the Firewall tab, I have chosen "Set access for specific services and applications" which I've heard is the equivalent of actually turning the firewall on. But then with every new program I open that requires an incoming or outgoing connection, I'm then asked to allow this, and of course I choose yes in order to make the program function properly. Is this a bad idea also? Am I defeating the purpose of the above setting by allowing programs such as iChat, Firefox and Soulseex to have these connections?
I've even considered installing Windows on here because I can install Norton 360 and other such spyware programs so I can then do banking and online shopping on that side of the mac.
It's a mouthful but I don't know where else to turn. Any help would be appreciated.
Thanks,
Joe

While there are no known viruses that attack Mac OS X at the present time, it is possible for spyware to get onto your Mac.
So I go to lenghts to protect my user. A hosed system can be replaced but a compromised user folder is compromised forever. Along with all your important data like bank records, credit cards, ... I.e. your "identity" stolen.
The best way to avoid that is by using your built-in firewall which is industrial strength and/or a hard wired router, downloading only from "trusted" sites, installing all security updates and being careful about what you give administrative power to. It is also recommended to run day to day tasks from a non-admin account.
Don't use Limewire or any other P2P service to download your software, get it from reputable sources. In addition, always keep at least your users backed up, preferably a clone of your entire system on a separate disk. And put your sensitive passwords, bank accounts, credit card numbers in a "secure note" in a new keychain or in an encrypted folder.
If and when a Mac virus does appear it will be headline news and you can download the AV software then. If you feel you have to run an AV program I'd suggest ClamXav a mac friendly freeware app that is very stable with OS X. It will check for known virus signatures at any rate.
Hope this helps.
-mj

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    Message was edited by: macjack

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